For those who are required who are required get their ITR audited, the deadline for the procedure has been extended to January 31, 2021.
The Central Board of Direct Taxes (CBDT) has extended the deadline for filing income tax returns (ITR) for FY20 (assessment year 2020-21) to December 31, 2020.
For those who are required to get their ITR audited, the deadline for the procedure has been extended to January 31, 2021 from October 31, 2020.
"The due date for furnishing of Income Tax Returns For The Other Taxpayers (for whom the due date (i.e.before the extension by the said notification) as per the Act was 31st July, 2020) has been extended to 31st December, 2020)," CBDT said in a statement.
The CBDT said it extended the deadline keeping in mind the difficulties faced by taxpayers during the COVID-19 pandemic.
The government had previously extended to deadline to November 30 from July 31.
"Consequently, the date for furnishing of various audit reports under the Act including tax audit report and report in respect of international/specified domestic transaction has also been extended to 31st December, 2020," CBDT added.Listen | Flipkart-Aditya Birla Fashion deal, who benefits more?; more questions than answers for Jet Airways' new owner