Nation

Income-Tax Return filing deadline extended till December 31

TPE Correspondent

New Delhi October 24th

The government has extended the deadline to file Income-Tax Returns (ITR) for the financial year 2019-20 by another month. The new deadline is December 31, 2020, the government said today.

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. In May, the government had extended the date for filing ITR from July 31 to November 30. This was to give compliance relief to taxpayers in the wake of the coronavirus pandemic.

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 in order to “provide more time to taxpayers for furnishing of Income Tax Returns”.

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