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Income tax return filing deadline for FY 2019-2020 extended till December 31

News Desk by News Desk
October 24, 2020 | 6:10 pm
in News
Income tax return filing deadline for FY 2019-2020 extended till December 31

The deadline for filing returns by individual taxpayers for Financial Year 2019-20 has been extended by a month till December 31, the finance ministry said on Saturday.

For those taxpayers whose accounts need to be audited, the Income-Tax Return filing deadline has been extended by two months till January 31, 2021.

The government had in May extended the date for filing ITR for FY 2019-20 from July 31 to November 30, to give compliance relief to taxpayers.

In view of constraints being faced by taxpayers due to COVID-19,CBDT further extends due dates for various compliances for FY 2019-20:
The due dt of furnishing Income Tax Returns(ITRs)for taxpayers whose accounts require to be audited has been extended to 31st, January,2021 (1/5) pic.twitter.com/cWWbXu80K9

— Income Tax India (@IncomeTaxIndia) October 24, 2020

In a statement, the Central Board of Direct Taxes (CBDT) said, “The due date for furnishing of Income Tax Returns for the taxpayers [for whom the due date (i.e. before the extension by the said notification) as per the Act was July 31, 2020] has been extended to December 31, 2020.”

The due date for furnishing of ITR for the taxpayers, who are required to get their accounts audited (for whom the due date as per the I-T Act is October 31, 2020), has been extended to January 31, 2021, it added.

The CBDT said the deadlines have been extended to “provide more time to taxpayers for furnishing of Income Tax Returns”. PTI

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