Government has prolonged deadline for submitting I-T returns
The authorities on Wednesday additional prolonged the deadline for submitting revenue tax (I-T) returns for the monetary years 2018-19 and 2019-20. A press word launched by the Central Board of Direct Taxes stated that the final date for submitting returns for the monetary yr 2019-20 (Assessment Year 2020-21) has now been prolonged until 30 November, 2020. Similarly, the deadline for submitting unique in addition to revised returns for 2018-19 (Assessment Year 2019-20) is now 31 July, 2020.
Earlier, these dates had been respectively 30 June and 31 October.
The final date for furnishing tax audit report has additionally been prolonged until 31 October, the press word stated. It additionally added that the deadline for making investments for claiming numerous tax deductions for the monetary yr 2019-20 has additionally been prolonged until 31 July.
The authorities additionally prolonged the final date for linking Aadhaar and PAN to 31 March, 2021.
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