Income Tax Filing 2018-19 Due Date Extended to 31st August 2019

Great news for the tax payers in India, the Income Tax department has extended the due date for filing the IT returns 2018-19 Fiscal year to 31st August 2019. Earlier the due date was 31st July but the Government has decided to extend the due date to a month. This extension of one month time is applicable for the financial year 2018-19 i.e. the income earned from 1st April 2018 to 31st March 2019.

New Tax Rates 2018-19                    New Tax Rates 2019-20                             2019-20 Sub charges

What is the Due Date for Tax Filing 2018-19 Assessment Year?

The due date for filing the Income Tax Returns of that assessment year or financial year varies for different categories. But this time the Government of India has decided to extend the deadline to 31st August 2019 in 4 categories and they are individual tax payers, Body of individuals, Hindu Undivided Family (HUF Category), and Association of persons (AOP Category). For other categories like businesses which are required auditing it is        30th September 2019.

Download Form 16         Download Form 16A        Download Form 26AS         Download Form49A

2019 Income Tax Returns Filing Last Dates Category Wise:

Category of Tax Payer Due Date for Filing Tax 2018-19 Financial Year
Individual 31st August 2019
Body of Individuals (BOI) 31st August 2019
Hindu undivided Family (HUF) 31st August 2019
Association of Persons (AOP) 31st August 2019
Business (Audit Required) 30th September 2019
Business (TP Report Required) 30th September 2019

2019 Tax Calendar:

Tax Details Tax Due Date
2019-20 Advance Tax First Instalment Last Date 15th June 2019
Filing IT Returns of Financial Year 2018-19 Last Date for Individuals, BOI, and AOP. 31st August 2019
2019-20 Advance Tax Second Instalment Last Date 15th September 2019
Filing IT Returns of Financial Year 2018-19 Last Date for Businesses which are required Audit report and TP Report 30th September 2019
2019-20 Advance Tax Third Instalment Last Date 15th December 2019
2019-20 Advance Tax Fourth Instalment Last Date 15th March 2020
2019-20 Advance Tax for the Tax payers who fall  under Section 44AD, and Section 44ADA Last Date 15th March 2020

Tax Filing through Form 16             Tax Filing through Form 16A            Tax filing through Form 26AS

Penalty on Late Filing:

The due date for filing the tax returns for the assessment year was 31st July 2019, but the Government of India extended a month for filing the IT returns of financial year 2018-19. If anyone fails to file IT returns by 31st August 2019 then depending on the categories the tax payers are fined.

ITR Filing Date Penalty
From 1st September 2019 to 31st December 2019 Rs 5,000/-
From 1st January 2020 to 31st March 2020 Rs 10,000/-

How to Fill Form 16             How to Fill Form 16A            How to Fill Form 26AS

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