Deadline to file Income Tax Return for FY2018-19 further extended due to COVID

at 6:13 pm

New Delhi (NVI): The Central Board of Direct Taxes (CBDT) today further extended the last date for filing Income Tax Return (ITR) for Fiscal year 2018-19 (AY2019-20), to November 30 from September 30.

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.

Those looking to file belated or revised ITRs for income generated between April 2018 and March 2019 can now do so till 30 November, CBDT said.

In a tweet from its official handle, Income Tax department today said, “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.”

The last date for filing tax returns for AY 2019-20 was extended for the fourth time in the wake of the Covid-19 pandemic. It was first revised till June 30, then July 31, and later till September 30.

Recently, the tax department has been sending SMS and e-mails to such taxpayers with a request to file ITR.

Meanwhile, the CBDT has issued refunds of over Rs 1,18,324 crore to more than 33.54 lakh taxpayers between April 1 to September 29, 2020, the Income Tax Department said today.

The I-T refunds of Rs 32,230 crore were issued in 31,75,358 cases and corporate tax refunds of Rs 86,094 crore have been issued in 1,78,540 cases, the statement read.

-CHK