Income tax return filing date extended for FY 2019-20 to 30 Nov 2020
Extension in the tax filing deadline comes as a
relief for taxpayers as the government had already extended the deadline
for receiving Form-16 from 10 June 2020 to 30 June 2020
The government has announced that the income tax return (ITR) filing deadline for FY 2019-20 has been extended to 30 November, 2020 from 31 July 2020.
"Due date for all income-tax return for FY 2019-20 will be extended from 31 July 2020 and 31 October 2020 to 30 November 2020 and tax audit from 30 September 2020 to 31st October 2020," Finance Minister Nirmala Sitharaman said during a press briefing.
This is part of the Rs 20 lakh crore relief package. Along with the extension of the ITR filing deadline, there were other direct tax-related relief measures announced.
The extension in the tax filing deadline comes a relief for taxpayers as the government had earlier extended the deadline for receiving Form-16 from 10 June 2020 to 30 June 2020 via an ordinance dated 31 March 2020.
The extension had left only one month for individual taxpayers to file their tax returns before the deadline, i.e., 31 July 2020. Chartered accountants and other tax experts were anticipating such an extension in the ITR filing deadline for FY 2019-20.
"Due date for all income-tax return for FY 2019-20 will be extended from 31 July 2020 and 31 October 2020 to 30 November 2020 and tax audit from 30 September 2020 to 31st October 2020," Finance Minister Nirmala Sitharaman said during a press briefing.
This is part of the Rs 20 lakh crore relief package. Along with the extension of the ITR filing deadline, there were other direct tax-related relief measures announced.
The extension in the tax filing deadline comes a relief for taxpayers as the government had earlier extended the deadline for receiving Form-16 from 10 June 2020 to 30 June 2020 via an ordinance dated 31 March 2020.
The extension had left only one month for individual taxpayers to file their tax returns before the deadline, i.e., 31 July 2020. Chartered accountants and other tax experts were anticipating such an extension in the ITR filing deadline for FY 2019-20.
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