Extending the deadline for the third time, the government on Wednesday allowed individuals to file income tax returns for 2019-20 fiscal till January 10 in view of the pandemic, from the earlier deadline of December 31, 2020.
The deadlines for companies and individuals who need to get their accounts audited too have been extended by 15 days till February 15, the finance ministry said in a statement. The due date for filing income tax return (ITR) by individuals and companies was December 31, 2020, and January 31, 2021,
Usually the taxpayers are supposed to file ITR by July 31 but an exception was made this year due to the pandemic. This is the third time the tax return filing deadline for FY2019-20 has been extended. So, if you're running late, you still have roughly 10 more days to sort it out
"In view of the continued challenges faced by taxpayers in meeting statutory compliances due to outbreak of COVID-19, the government has further extends the dates for various compliances," Income Tax department said in a tweet.
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