Govt further extends date to file income tax returns
Dec 30, 2020 |
, |
8:42PM |
Govt further extends date to file income tax returns
In a tweet, the Income Tax department today said, in view of the continued challenges faced by taxpayers in meeting statutory compliances due to Covid-19 outbreak. The due date for filing income tax return by individuals and companies was December 31, 2020, and January 31, 2021. This is the third time that the I-T department has extended the return filing deadline.
The last date for making a declaration under Vivad Se Vishwas Scheme has been extended to 31st January, 2021. The date for passing of orders under Vivad Se Vishwas Scheme has been extended to 31st January, 2021. The date for passing of order or issuance of notice by the authorities under the Direct Taxes and Benami Acts has also been extended to 31st March, 2021.
In order to provide relief for the third time to small and middle class taxpayers in the matter of payment of self-assessment tax, the due date for payment of self-assessment tax date has been extended.
The Government has also extended the due date of furnishing of annual return under section 44 of the Central Goods and Services Tax Act, 2017 for the financial year 2019-20 from 31st December, 2020 to 28th February, 2021.