Income tax return filing deadline extended till 31 December
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New Delhi, Oct. 24 -- In a notification released today, the Government extended the due date for filing income tax returns for AY 2020-21 (FY 2019-20) from 30th November to 31st December 2020. The date had previously been extended from 31st July to 30th November. For persons who are liable for tax audit or are required to furnish a report in respect of international or domestic transactions, the due date has been extended from 31st October to 31st January 2021. However the tax audit report itself has to be filed by 31st December 2020.
Similarly tax payers who have a tax liability of less than Rs.1 lakh have seen their due date for payment of tax extended to 31st December. For those with a higher tax liability there is no such extension. ...
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