ITR filing date for FY20 extended to November 30

NEW DELHI: The Income Tax (I-T) department on Saturday notiifed that the last date for filing Income Tax returns (ITRs) for the financial year (FY) 2019-20 (assessment year 2020-21) has been extended till November 30, 2020, in view of the challenges faced by the taxpayers due to the ongoing coronavirus pandemic.
In a tweet, the I-T department said: “Understanding & keeping in mind the times that we are in, we have further extended deadlines. Now, filing of ITR for FY 2019-20 is extended to November 30, 2020.”

Providing further relief to taxpayers, the CBDT (Central Board of Direct Taxes) had last week — through a notification — extended the timeline for filing ITR for FY 2018-19 by a month to July 31, 2020.
“The time for filing of original as well as revised income tax returns for the FY 2018-19 (AY 2019-20) has been extended to July 31, 2020,” it had said.
Further, the CBDT had also extended the time limit by a month till July 31, 2020, for making various investments for claiming deductions under the I-T Act, which includes section 80C (LIC, PPF, NSC etc), 80D (mediclaim), 80G (donations) etc, for 2019-20.
The Centre had also extended the deadline for linking biometric Aadhaar with PAN till March 31, 2021.
In addition, the I-T department has also extended the deadline for furnishing of TDS (tax deducted at source)/TCS (tax collected at source) statements for FY 2019-20 till July 31, 2020. While, that for issuance of TDS/TCS certificates for FY19-20 has been extended till August 15. Furnishing of TDS/TCS statements and issuance of TDS/TCS certificates are prerequisite for enabling the taxpayers to prepare their return of income for the financial year.
(With PTI inputs)