New Delhi: The Central Board of Direct Taxes (CBDT) on Wednesday extended the last date for filing ITR for AY 2019-20 (FY 2018-19). The date has been extended from 30 September to 30 November 2020.
The IT 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.
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 30 June, then 31 July, and later till 30 September.
Meanwhile, the CBDT has issued refunds of over ₹1,18,324 crore to more than 33.54 lakh taxpayers between 1 April to 29 September 2020, the Income Tax Department said today.
The I-T refunds of ₹32,230 crores were issued in 31,75,358 cases and corporate tax refunds of ₹86,094 crores have been issued in 1,78,540 cases, the statement read.
Read Full Story: