Example
Financial Year Assessment Year
2018-19 2019-20
2019-20 2020-21
2020-21 2021-22
2021-22 2022-23
Q1 Suppose I earned Taxable Salary Income of 600000 in Jan 2020
Which Year ITR I have to File
Financial Year 2019-2020
Assessment Year 2020-2021
Q2 What is Due Date for Filing this ITR?
Original Due Date 31-Jul-20
Extended to 10-Jan-21
Q3 Can I file this ITR After this Date Also(Yes/No) yes
Till What Date 31-Mar-21
DUE DATE FOR FY 2019-20(AY 2020-21)
Particulars Salaried and Non Audit Audit Case
Without Latefees 31-7-2020 10-Jan-2021 31-10-2020 15-Feb-2021
With Late fees of 5000 31-Dec-20 31-Dec-20
With Late fees of 10000 31-Mar-21 31-Mar-21
Exception
If income upto 250000,No Late fees .ITR Filing is also not compulsory
If income between 250000-500000,then 1000 Latefees
Q4 Suppose I earned Taxable Salary Income of 600000 in Jan 2020
How much late fees is payable if
AS PER ORIGINAL DUE DATE AS PER EXTENDED DATE
I File ITR on 18-Oct-20 NO NO
I File ITR on 18-Nov-20 5000 NO
I File ITR on 18-Dec-20 5000 NO
I File ITR on 18-Jan-21 10000 10000
I File ITR on 18-Mar-21 10000 10000
I File ITR on 18-Apr-2021 RETURN CANT BE FILED RETURN CANT BE FILED
Q5 Suppose I earned Taxable Salary Income of 400000 in Jan 2020
How much late fees is payable if
AS PER ORIGINAL DUE DATE AS PER EXTENDED DATE
I File ITR on 18-Oct-20 NO NO
I File ITR on 18-Nov-20 1000 NO
I File ITR on 18-Dec-20 1000 NO
I File ITR on 18-Jan-21 1000 1000
I File ITR on 18-Mar-21 1000 1000
I File ITR on 18-Apr-2021 RETURN CANT BE FILED RETURN CANT BE FILED
Q6 Suppose I earned Taxable Salary Income of 200000 in Jan 2020
How much late fees is payable if
AS PER ORIGINAL DUE DATE AS PER EXTENDED DATE
I File ITR on 18-Oct-20 NO NO
I File ITR on 18-Nov-20 NO NO
I File ITR on 18-Dec-20 NO NO
I File ITR on 18-Jan-21 NO NO
I File ITR on 18-Mar-21 NO NO
I File ITR on 18-Apr-2021 RETURN CANT BE FILED RETURN CANT BE FILED
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