In a major relief for the taxpayers amid the Covid-19 pandemic, the Income Tax Department on Saturday extended the deadline for the individual taxpayers to file their income tax for the financial year 2019-20, the assessment year 2020-21, by a month. The extension has been given in the view of constraints being faced by taxpayers due to COVID-19.
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, the Central Board of Direct Taxes (CBDT) said in a statement.
Now the taxpayers can file their returns for the money earned between April first, 2019, to March 31, 2020, by December 31. The Income Tax department also extended the December 31 deadline for individuals required to get their accounts audited, till January 31, 2021. Earlier in May, the Centre had extended the last date for filing income tax returns for FY 2019-20 from July 31 to November 31, in wake of the corona virus pandemic.
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