ITR filing date for FY20 extended to November 30

NEW DELHI: The Income Tax (I-T) division on Saturday notiifed that the final date for submitting Income Tax returns (ITRs) for the monetary 12 months (FY) 2019-20 (evaluation 12 months 2020-21) has been prolonged until November 30, 2020, in view of the challenges confronted by the taxpayers because of the ongoing coronavirus pandemic.
In a tweet, the I-T division mentioned: “Understanding & keeping in mind the times that we are in, we have further extended deadlines. Now, filing of ITR for FY 2019-20 is extended to November 30, 2020.”

Providing additional reduction to taxpayers, the CBDT (Central Board of Direct Taxes) had final week — by a notification — prolonged the timeline for submitting ITR for FY 2018-19 by a month to July 31, 2020.
“The time for filing of original as well as revised income tax returns for the FY 2018-19 (AY 2019-20) has been extended to July 31, 2020,” it had mentioned.
Further, the CBDT had additionally prolonged the time restrict by a month until July 31, 2020, for making numerous investments for claiming deductions underneath the I-T Act, which incorporates part 80C (LIC, PPF, NSC and so on), 80D (mediclaim), 80G (donations) and so on, for 2019-20.
The Centre had additionally prolonged the deadline for linking biometric Aadhaar with PAN until March 31, 2021.
In addition, the I-T division has additionally prolonged the deadline for furnishing of TDS (tax deducted at supply)/TCS (tax collected at supply) statements for FY 2019-20 until July 31, 2020. While, that for issuance of TDS/TCS certificates for FY19-20 has been prolonged until August 15. Furnishing of TDS/TCS statements and issuance of TDS/TCS certificates are prerequisite for enabling the taxpayers to arrange their return of revenue for the monetary 12 months.
(With PTI inputs)