Monday, August 3, 2020

LAST DATE FOR FILING ITR FOR FINANCIAL YEAR 2018-19 (AY2019-20). EXTENDED TO SEPTEMBER 30


Central Board of Direct Taxes (CBDT) has extended the last date for filing belated Income Tax Return (ITR) for the financial year 2018-19 (AY2019-20). The date has been extended from July 31 to September 30, 2020.

In a tweet from its official handle, Income Tax department today said, “In view of the constraints due to the Covid pandemic & to further ease compliances for taxpayers, CBDT extends the due dt for filing of Income Tax Returns for FY 2018-19(AY 2019-20) from 31st July, 2020 to 30th September, 2020, vide Notification in S.O. 2512(E) dt 29th July, 2020.”

Prior to this, the government had extended the deadline to file belated income tax return (ITR) for FY 2018-19 twice. First, from the original deadline of March 31, 2020 to June 30, 2020, and then to July 31, 2020.

Worth mentioning here is that if an individual does not file the belated ITR, if due, by the deadline (i.e., Sept 30, 2020), then he/she will not be able to file the income tax return for the financial year 2018-19