The school teacher, a salaried individual is required to file ITR 1 (Sahaj) based on the salary statement and other details.
If the person has also received income from other heads (except PGBP), ITR 2 is filed.
For the Financial Year 2017–18 (A.Y. 2018–19) last date (i.e. 31st August, 2018 as extended from 31st July, 2018) for filing ITR by salaried person has already passed. However, ITR can still be filed as belated return for the respective year. Take assistance from experts for ITR filing. Connect with Legalwiz.in experts on 1800–313–4151 to comply easily knowing the consequences of late filing. Based on the taxable income, the levied penalty can be INR 1,000 or INR 5,000.
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