ITR Filing FY 2019-20 Last Date: Extending the deadline for the third time, the federal government on Wednesday allowed people to file revenue tax returns for 2019-20 fiscal until January 10.
The deadline for corporations and people who have to get their accounts audited too have been prolonged by 15 days until February 15, the Finance Ministry mentioned in a press release.
The due date for submitting revenue tax return (ITR) by people and corporations was December 31, 2020, and January 31, 2021, respectively.
In view of the continued challenges confronted by taxpayers in assembly statutory compliances on account of outbreak of COVID-19, the Govt additional extends the dates for varied compliances. Press launch on extension of deadlines issued immediately: pic.twitter.com/lMew09HXMq
— Income Tax India (@IncomeTaxIndia) December 30, 2020
Over 4.54 crore ITRs for 2019-20 fiscal (evaluation yr 2020-21) have been filed until December 28. In the comparable interval final yr, 4.77 crore revenue tax returns have been filed.
At the shut of deadline for submitting ITRs with out fee of late charges for fiscal 2018-19 (evaluation yr 2019-20), over 5.65 crore returns have been filed by taxpayers.
The revenue tax division tweeted that the extension in varied deadline was given in view of the continued challenges confronted by taxpayers in assembly statutory compliances because of the outbreak of COVID-19.
Also, the due date for submitting declaration underneath the direct tax dispute decision scheme Vivad Se Vishwas has been prolonged by a month until January 31.
The deadline for submitting GST annual return for 2019-20 fiscal has been prolonged by 2 months until February 28, 2021.
