ITR filing: Deadline for assessment year 2019-20 extended to November 30
For the fourth time, the Central Board of Direct Taxes (CBDT) has now prolonged the final date for submitting revenue tax returns for evaluation 12 months 2019-20, which is monetary 12 months 2018-19. The final date for submitting the ITR of the 12 months involved was September 30. The division has postponed the final date to November 30. The deadline for submitting ITR for evaluation 12 months 2020-21, which is monetary 12 months 2019-20, is November 30.
This is the fourth time that the date has been revised amid the Covid-19 pandemic. It was first revised until June 30, then July 31, then September 30 and now until November 30.
“On further consideration of genuine difficulties being faced by taxpayers due to the Covid-19 situation, CBDT further extends the due date for furnishing of belated & revised ITRs for Assessment Yr 2019-20 from 30th September, 2020 to 30th November, 2020.Order u/s 119(2a) issued,” the CBDT notification stated.
GST returns
The Centre has additionally prolonged the deadline for furnishing annual returns beneath the products and companies tax (GST) for FY19 by a month until October 31, 2020.
“After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return in GSTR-9 and GSTR 9C for 2018-19 from 30.09.2020 to 31.10.2020. Notification follows,” the Central Board of Indirect Taxes and Customs tweeted.
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