Income tax Return filing deadline for the financial yera ending 31st March 2020 has been extended to 30th November 2020

As announced by the government for all income-tax return (ITR) for FY 2019-20 has been extended from July 31, 2020, and October 31, 2020, to November 30, 2020, and tax audit from September 30, 2020 to October 31 2020.

The government via a press conference dated May 13, 2020 announced that the income tax return (ITR) filing deadline for the financial year 2019-20 has been extended to November 30, 2020 from the usual deadline of July 31, 2020. “Due date for all income-tax return for FY 2019-20 will be extended from July 31 2020 and October 31, 2020 to November 30, 2020 and tax audit from September 30, 2020 to October 31, 2020,

In addition to that, the government via a notification dated June 24, 2020 (effective from June 30, 2020) had extended the date to issue Form 16A (TDS certificates for interest income) and Form 16 (TDS certificate for salary) to employees by employers to August 15, 2020. According to chartered accountants, the government had earlier extended the deadline of issuing Form-16 and Form 16A from June 15, 2020 to June 30, 2020 via an ordinance dated March 31, 2020.

The previous extension of issuing Form 16 (i.e., June 30, 2020) had left only one month for individual taxpayers to file their income tax return before the deadline, i.e., July 31, 2020. Chartered accountants and other tax experts were anticipating an extension in the ITR filing deadline for FY 2019-20.