New Delhi: Bringing respite to the Income Tax filers, the Central Board of Direct Taxes (CBDT) had on July 29 extended the deadline for filing income tax returns for FY 2018-19 (AY 2019-20) from July 31, 2020 to September 30, 2020 due to coronavirus COVID-19 pandemic. The CBDT had also said that an individual can also file a revised ITR for FY2018-19 within this deadline.
"In view of the constraints due to the Covid pandemic & to further ease compliances for taxpayers, CBDT extends the due date for filing of Income Tax Returns for FY 2018-19 (AY 2019-20) from 31st July, 2020 to 30th September, 2020," the Income Tax Department said in a tweet.
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. pic.twitter.com/Wlzvf8S83x
— Income Tax India (@IncomeTaxIndia) July 29, 2020
It is to be noted that this is the third extension given by the Centre to taxpayers to file both original and revised tax returns for 2018-19 fiscal. In March, the Centre had extended the due date from March 31 to June 30 due to coronavirus COVID-19 pandemic. Later in June, the date was again extended by a month till July 31.
Revised return can be filed online under Section 139(5) of the Income Tax Act. If a person after furnishing the Income Tax Return finds any mistake, omission or any wrong statement then he/she is liable for a revised ITR filing. It can be mistake in the name spelling, bank account number etc. The revised IT return should be filed within prescribed time limit.
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