Deadline for filing income tax returns by individuals extended to Jan 10

The deadline for men and women to file money tax returns has been prolonged by 10 days to January 10, 2021 due to “ongoing worries” people today facial area due to the coronavirus.

The new deadline for filing GST yearly return is February 28. The very last date for declaration underneath Vivad Se Vishwas Plan has been prolonged to December 31, 2020.

The new date for furnishing of Cash flow Tax Returns for taxpayers (including their associates) who have to get their accounts audited is January 31.

The date for furnishing of Cash flow Tax Returns for the taxpayers who are necessary to furnish report in regard of
global/specified domestic transactions was prolonged to January 31, 2021.

The date for furnishing of Cash flow Tax Returns for other taxpayers was prolonged to December 31, 2020.

“In check out of the ongoing worries faced by taxpayers in assembly statutory compliances due to outbreak of Covid-19, the Govt even further extends the dates for different compliances,” mentioned the Cash flow tax Office mentioned on Twitter.

About 43.7 million money tax returns for fiscal 2019-20 (Evaluation Year 2020-21) experienced been filed till December 28, the tax section mentioned on Tuesday.

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