ITR 2019-2010: Deadline for income tax returns extended for individual taxpayers till 31 December
For those taxpayers whose accounts need to be audited, the deadline has been extended by two months till 31 January, 2021
New Delhi: The deadline for filing returns by individual taxpayers for FY 2019-20 has been extended by a month till 31 December, 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 31 January, 2021.
The government had in May extended the date for filing ITR for FY2019-20 from 31 July to 30 November, 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 31 July, 2020] has been extended to 31 December, 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 31 October, 2020), has been extended to 31 January, 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".
ITR 2019-20 filing last date till 31 December: Here's the list of documents and steps to file income tax returns online
With the ITR filing last date approaching closer, taxpayers, who are yet to file returns, should do it as early as possible to avoid any last-minute rush or error.
The deadline for issuing Form 16 by employers to employees has also been extended by a month till 15 July, 2021, the CBDT said
Before e-verifying returns, taxpayers must have permanent account number (PAN), assessment year for which the ITR has been filed, acknowledgment number and electronic verification code