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News INCOME TAX

  • Dec 31, 2020
  • ITR filing deadline extended from Dec 31 to January 10, 2021 for these taxpayers

    The government has extended the deadline to file income tax return (ITR) for FY 2019-20 for most individuals from the current deadline of December 31, 2020, to January 10, 2021. The extension of the deadline is for those individuals whose accounts are not required to be audited and who usually file their income tax return using ITR-1 or ITR-4 forms, as applicable, as per the press release dated December 30, 2020.

    This is the third time that the government has extended the deadline to file ITR - first from the normal deadline of July 31 to November 30, 2020, and then to December 31, 2020.