Have you filed your Income Tax return

Last Chance to File Income Tax Return

31st March, 2018

Income Tax Department has identified a large number of persons who have not filed Income Tax Returns for A.Y. 2016-17 and 2017-18, although, they have made high value transactions / deposited large amount of cash in bank accounts.

Persons mandatorily required to file Income Tax Return:

  • All Companies, Partnership Firms, LLPs
  • Trusts, Associations, Political Parties (whose income prior to claim of exemptions exceeds the minimum chargeable to tax)
  • Individuals & HUFs having income more than t2.5″ lakh [‘For senior citizens, ra lakh (age 60 years upto 80 years) and rs lakh (age 80 years or more)]


  • If you have deposited large amounts of cash in your bank account/made high value transactions, please consider the same while filing your Income Tax Returns
  • Non-filing or incorrect filing of return of income may result in penalty and prosecution

Log on to e-filing portal at https://incometaxindiaefiling.gov.in to file your Income Tax Return, easily and securely!

Do remember:

Belated returns for A.Y. 2016-17 and A.Y. 2017-18 and revised returns for A.Y. 2016-17 (with interest, if any, for late filing) cannot be filed after 31st March, 2018

Last Chance to File Income Tax Return

More Under Income Tax

Posted Under

Category : Income Tax (27898)
Type : Articles (17602)
Tags : Income Tax Return (461) ITR (632)

3 responses to “Have you filed your Income Tax return?”

  1. Kathirvel says:

    My Salaried income was put into trading of stocks, which is being traded on my spouse’s name (who is a housewife). In such case, which ITR form should be filled and what are all the documents are required for filing. Can it be done myself or necessarily it should be filed through an auditor.

  2. R V Iyengar says:

    Is it necessary to file I.T.Returns in case of a person who has been abroad for studies since Aug 2014. After completing studies and landing a job he has remitted money towards repayment of educational loan. The person has no income in India save an amount of say about 1500 Rs from Bank interest.
    Pls let knowas to what does he need to do.

    • saleem ali says:

      Dear friend ,
      Do clarify that how many days such person stayed in india for the previous year 2016-17 and 2015-16 that decides does he comes under tax law or not , if yes then further things will decide his taxability.

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured Posts