The Finance Ministry on Saturday announced that the deadline for filing income tax returns (ITRs) for the financial year (FY) 2019-20 for individual taxpayers has been extended by a month till December 31.
Earlier in May, the Centre had extended the ITR deadline for FY 2019-20 (AY 2020-21) from July 31 to November 30 to provide compliance relief to taxpayers.
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On the other hand, the last date for ITR filing for the taxpayers who are required to get their accounts audited has been extended by the government by two months till January 31, 2021.
It is essential to note that, this extension applies to those taxpayers for whom the deadline for filing returns is October 31, 2020, as per the Income Tax Act. ( ET )
