HIGHLIGHTS
NEW DELHI: The Central Board of Direct Taxes (CBDT) on Tuesday extended the due date for filing Income Tax Return (ITR) by individuals for the assessment year 2019-20 to August 31, 2019 from July 31, 2019.
Individuals, including salaried taxpayers, and entities – who do not need to get their accounts audited – were required to file their income tax returns for fiscal 2018-19 (Assessment Year 2019-20) by July 31, 2019.
“The ‘due date’ for filing income-tax returns for assessment year 2019-20 is 31.07.2019 for certain categories of taxpayers. It has been reported that some of the taxpayers are facing difficulties in filing their income tax returns due to various reasons including extension of due date for issue of Form 16 for the assessment year 2019-20,” the CBDT said in a statement.
There have been demands for an extension in filing ITR date since issuance of tax deducted at source (TDS) statement for 2018-19 fiscal was delayed.
The I-T department had last month extended the deadline for employers to issue Form 16 TDS certificate for financial year 2018-19 to its employees by 25 days till July 10.
This left the salaried taxpayers with a limited time-frame of just 20 days to file their income tax returns.
The CBDT on July 16 had quashed reports circulating on social media about large scale changes in ITR forms. It said that only the utility software has been updated.
