File ITR for FY 2019-20

Last date to File ITR for FY 2019-20 extended – Income Tax Department has extended the last date for filling the Income Tax returns. The new dates for filing income-tax returns (ITR) for Financial Year 2019-20 has been extended till November 30. The date for linking Aadhaar with PAN has also been extended to March 31, 2021.

“Understanding and 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,” the department said in a tweet.

The central government had earlier extended the deadline for filing revised income-tax returns (ITR) for 2018-19 fiscal till July 31, 2020. The last date to File ITR for FY 2019-20 is 31st July 2020.

Also Read – Category of Tax Payers Can’t Switch Between Old and New Income Tax Regimes Every Year

Additionally, the deadline for furnishing of tax deducted at source (TDS)/tax collected at source (TDS) statements for FY 2019-20 has also been extended till July 31, 2020.

For issuance of TDS/TCS certificates for FY19-20, the date has been extended till August 15.

The government has also extended the date for payment of self-assessment tax in the case of a taxpayer whose self-assessment tax liability is upto Rs 1 lakh to 30th November, 2020. The move was taken to to provide relief to small and middle class taxpayers.

However, it is clarified that there will be no extension of date for the payment of self-assessment tax for the taxpayers having self-assessment tax liability exceeding Rs. 1 lakh. In this case, the whole of the self-assessment tax shall be payable by the due dates specified in the Income-tax Act, 1961 (IT Act) and delayed payment would attract interest under section 234A of the IT Act,” the CBDT said.

The government has also extended the date for making various investment/ payment for claiming deduction under Chapter-VIA-B of the IT Act which includes section 80C (LIC, PPF, NSC etc.), 80D (Mediclaim), 80G (Donations) to 31st July, 2020.

Now the investment/ payment can be made upto 31st July, 2020 for claiming the deduction under these sections for FY 2019-20.

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