The Central Board of Direct Taxes (CBDT) on Wednesday further extended the last date for filing ITR for AY 2019-20 (FY 2018-19).
The date has been extended from 30 September to 30 November, 2020. The I-T department, in a statement, said that the decision was taken after further consideration of genuine difficulties being faced by the taxpayers due to the Covid-19 situation.
The crux of order u/s 119 of the Income Tax Act mentioned as follow:
1. The date for furnishing of Income-tax returns under section 139 of the Income-tax Act, 1961 (‘Act’) for the Assessment Year 2019-20 was 31 st March, 2020.
However, on consideration of difficulties being faced by the taxpayers due to the COVID-19 pandemic, the said date was initially extended to 30th June 2020 and subsequently to 31st July 2020 and 30th September 2020 vide the Taxation and other laws (Relaxations of certain provisions), Ordinance dated 31.03.2020, Notification No.35 /2020 dated 24.06.2020 and Notification No.56/2020 dated 29.07.2020 respectively.
2. In this context, on further consideration of genuine difficulties being faced by the taxpayers due to the outbreak of the COVID-19 pandemic, the Central Board of Direct Taxes (CBDT), in exercise of powers conferred under section 119(2)(a) of the Act, hereby, further extends the date for furnishing of belated and revised returns for the Assessment Year 2019-20 under sub-section (4) and (5) of section 139 of the Act respectively, from 30th September 2020 to 30th November 2020.
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. pic.twitter.com/QQii6qG3pt
— Income Tax India (@IncomeTaxIndia) September 30, 2020
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