Sunday 2 August 2020

Last date for filing ITR for Financial Year 2018-19 (AY2019-20). extended to September 30

Last date for filing ITR for Financial Year 2018-19 (AY2019-20). extended to September 30

Last date for filing ITR for Financial Year 2018-19 (AY2019-20). extended to September 30




Central Board of Direct Taxes (CBDT) has extended the last date for filing belated Income Tax Return (ITR) for the financial year 2018-19 (AY2019-20). The date has been extended from July 31 to September 30, 2020.

In a tweet from its official handle, Income Tax department today said, “In view of the constraints due to the Covid pandemic & to further ease compliances for taxpayers, CBDT extends the due dt for filing of Income Tax Returns for FY 2018-19(AY 2019-20) from 31st July, 2020 to 30th September, 2020, vide Notification in S.O. 2512(E) dt 29th July, 2020.”

Prior to this, the government had extended the deadline to file belated income tax return (ITR) for FY 2018-19 twice. First, from the original deadline of March 31, 2020 to June 30, 2020, and then to July 31, 2020.

Worth mentioning here is that if an individual does not file the belated ITR, if due, by the deadline (i.e., Sept 30, 2020), then he/she will not be able to file the income tax return for the financial year 2018-19

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)

NOTIFICATION

New Delhi, the 29th July, 2020

TAXATION AND OTHER LAWS

S.O. 2512(E).– In exercise of the powers conferred by sub-section (1) of section 3 of the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (2 of 2020), the Central Government hereby makes the following amendment in the notification of the Government of India, Ministry of Finance, Department of Revenue, Central Board of Direct Taxes, number 35/2020, dated the 24th June, 2020, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), vide number S.O. 2033(E), dated the 24th June, 2020, namely:-

(i) in the first proviso, in clause (i), in sub-clause (a), for the words, figures and letters “the 31st day of July, 2020” the words, figures and letters “the 30th day of September, 2020” shall be substituted;

(ii) after the second proviso, the following proviso shall be inserted, namely: –

“Provided also that for the purposes of the second proviso, in case of an individual resident in India referred to in sub-section (2) of section 207 of the Income-tax Act, 1961 (43 of 1961), the tax paid by him under section 140 A of that Act within the due date (before extension) provided in that Act, shall be deemed to be the advance tax:”.

2. This notification shall come into force from the date of its publication in the Official Gazette.

[Notification No. 56/2020/ F. No. 370142/23/2020-TPL]
NIRAJ KUMAR, Dy. Secy. (Tax Policy and Legislation Division)

Note:- The principal notification number S.O. 2033(E), dated the 24th June, 2020 was published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), dated 24th June, 2020.

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