Wednesday 30 September 2020

Income tax payers due date was initially extended to COVID-19 for furnishing of Income-tax returns under section 139

Income tax payers due date was initially extended to COVID-19 for furnishing of Income-tax returns under section 139

Indian Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Bloch, ITA-II Division New Delhi, the 30'September,2020 Income tax payers due date was initially extended to COVID-19 for furnishing of Income-tax returns under section 139


Income tax payers due date was initially extended to COVID-19 for furnishing of Income-tax returns under section 139


Order under Section 119(2)(a) of the Income-tax Act, 1961  The date for furnishing of Income-tax returns under section 139 of the Income-tax Act ,I 961 (`Ace) for the Assessment Year 2019-20 was 31st March, 2020. However, on consideration of difficulties being faced 




The taxpayers due to COVID-19 pandemic, the said date was initially extended to 30th June,2020 and subsequently to 3 1' July,2020 and 306 September,2020 vide the Taxation and other laws (Relaxations of certain provisions), Ordinance dated 31.03.2020, Notification No.35/2020 dated 24.06.2020 and Notification No.56/2020 dated 29.07.2020 respectively. 

In this context, on further consideration of genuine difficulties being faced by the taxpayers due to the outbreak of COVID-19 pandemic, the Central Board of Direct Taxes (CBDT), in exercise of powers conferred under section 119(2)(a) of the Act, hereby, further extends the date for furnishing of belated and revised returns for the Assessment Year 2019-20 under sub-section (4) and (5) of section 139 of the Act respectively, from 301h September,2020 to 30° November,2020.  


0 comments:

Post a Comment

Note: only a member of this blog may post a comment.