Late fees on filing of ITR after due date
From Financial Year 2017-18, if Return is not filed within due date, late fee of Rs.5,000 for delay up to 31st December, and Rs.10,000 thereafter. Such fee will be restricted to Rs.1,000 for small taxpayers with income up to Rs.5 lakh.
Due dates:
31st July 2018(Non tax audit assessees)
30th Sept 2018(Tax audit assessees)
