in

ITR 2019-2010: Deadline for income tax returns extended for individual taxpayers till 31 December – Business News , Firstpost


For these taxpayers whose accounts have to be audited, the deadline has been extended by two months till 31 January, 2021

Official brand of the Income Tax division

New Delhi: The deadline for submitting returns by individual taxpayers for FY 2019-20 has been extended by a month till 31 December, the finance ministry stated on Saturday.

For these taxpayers whose accounts have to be audited, the Income-Tax Return submitting deadline has been extended by two months till 31 January, 2021.

The authorities had in May extended the date for submitting ITR for FY2019-20 from 31 July to 30 November, to present compliance aid to taxpayers.

In a press release, the Central Board of Direct Taxes (CBDT) stated, “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’re 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 stated the deadlines have been extended to be able to “provide more time to taxpayers for furnishing of Income Tax Returns”.

Find newest and upcoming tech devices on-line on Tech2 Gadgets. Get know-how information, devices evaluations & rankings. Popular devices together with laptop computer, pill and cellular specs, options, costs, comparability.





Source hyperlink

What do you think?

Written by Business Boy

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0

Cramer’s week forward: A tough week, a prelude to election day

How Aston Martin is trying to save its iconic brand