BY 10 DAYS
Govt extends deadline to file I-T returns
TIMES NEWS NETWORK
New Delhi:31.12.2020
After intense lobbying by chartered accountants and tax professionals, the government has granted a fresh extension to those who have not filed their returns, citing Covid-19 as the reason.
A majority of individual taxpayers, who were earlier required to file their returns by December 31, have been given another 10 days to comply with the statutory requirement, for which the original deadline was
July 31The deadline for making declarations under the ‘Vivad se Vishwas’ scheme has also been extended up to January 31.
Further, I-T returns for tax audit assessees can now file their returns up to 15 February. There is a relaxation for GST too with an extension given for filing the annual returns for financial year 2019-20 to February 28. But the deadline for FY19 ends today, added chartered accountant Vinod Jain.
On Wednesday, close to 16.7 lakh returns had been filed, according to the data released by the I-T department
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