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ITR filing deadline for FY 2018-19 extended till July 31, till November 30 for FY 2019-20

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ITR filing deadline for FY 2018-19 extended till July 31, till November 30 for FY 2019-20  甘肃快三 第1张

New Delhi | Jagran Business Desk: The deadline for filing income tax returns (ITR) for FY 2018-19 till July 31, the Central Board of Direct Taxes (CBDT) said in a statement. The due date for FY 2019-20 has already been extended till November 30.  

"The time for filing of original as well as revised income-tax returns for 2018-19 extended to 31st July, and due date for income tax return for 2019-20 extended to 30th November, 2020," the CBDT said on Wednesday.

The deadline for filing tax returns for FY 2019-20 was already extended till November 30 in May and the announcement was made by Finance Minister Nirmala Sitharaman.  

The extension in the income tax return filing deadline comes a relief for taxpayers as the government had earlier extended the deadline for receiving Form-16 from June 15, 2020 to June 30, 2020 via an ordinance dated March 31, 2020.

Also Read ITR filing deadline for FY 2018-19 extended till July 31, till November 30 for FY 2019-20  甘肃快三 第2张 Fuel Prices: After 21 days of continuous hike, petrol and diesel prices..

Click Here to Know All Announcements Made by CBDT Regarding Extension of Deadlines

The extension of deadlines will give a significant time post lockdown to taxpayers to compile their data required for preparation of income tax return. 

The CBDT also also extended the time limit for linking biometric Aadhaar with PAN till March 31, 2021.

The Central Board of Direct Taxes (CBDT) through a notification also extended the time limit for making various investments for claiming deductions under the I-T Act for the 2019-20 fiscal by a month till July 31, 2020.

Also Read ITR filing deadline for FY 2018-19 extended till July 31, till November 30 for FY 2019-20  甘肃快三 第3张 'Fair and Lovely' cream to lose 'Fair' from its name, says Hindustan..

The CBDT also said that in order to provide relief to small and middle class taxpayers, the date for payment of self-assessment tax in the case of a taxpayer whose self-assessment tax liability is up to Rs. 1 Lakh has also been extended to November 30, 2020.

The date for commencement of operations for Special Economic Zone (SEZ) units for claiming deductions or furnishing Tax Deducted at Source (TDS)/ Tax Collected at Source (TCS) statements and issuance of TDS/TCS certificates has also been extended.

The relief for tax payers is a part of the financial package for various sectors, including civil aviation and tourism, to deal with the fall-out of the coronavirus pandemic that has impacted the economy.

Posted By: Abhinav Gupta

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