Deadline for Filing Income Tax Return Extended | India News

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Deadline for Filing Income Tax Return Extended

G Plus News | December 30, 2020 19:06 hrs

The last date to file income tax return (ITR) for the financial year 2019-2020 (FY20) has been extended further to 10th January, 2021 and individual assessees may file their returns by this new date. The last date for filing ITR for the assessment year 2020-21 was July 31, 2020. This was on extended till November 30 and thereafter to December 31, 2020. However, given the continued pandemic situation in the country, the government has now extended the last date till January 10, 2021.

The date for filing of ITRs by those taxpayers (including their partners) who are required to get their accounts audited [for whom the due date as per the I-T Act is October 31, 2020] has now been extended from January 31, 2021 to February 15, 2021.

"In view of the continued challenges faced by taxpayers in meeting statutory compliances due to outbreak of COVID-19, the Govt further extends the dates for various compliances," Income tax Department said on Twitter.

It may be mentioned here that Direct Tax professionals in the country had urged Finance Minister Nirmala Sitharaman to extend the last date for filing tax audit report, income tax returns for audit cases.

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