IT returns
Amid Covid pandemic, deadline for filing income tax returns extended till Sept 30
New Delhi/IBNS: As the country is raving under the heat of the second wave of Coronavirus, the Centre on Thursday extended the due date of filing income tax returns (ITR) for the financial year 2020-21 by two months till Sept 30 to give relief to taxpayers.
The Finance Ministry also extended the timelines for various tax compliances under the Income-Tax Act,1961, to ease the difficulties faced by taxpayers during the pandemic.
The Central Board of Direct Taxes (CBDT), the apex body which heads the Income Tax (I-T) department, also extended the ITR filing deadline for companies by a month till Nov 30.
Granting major relief to taxpayers facing hardship due to the severe pandemic & in view of representations recd, the Central Govt extends certain timelines for compliances under IT Act. CBDT Circular available on https://t.co/9Q4VYOca0y
— Ministry of Finance (@FinMinIndia) May 20, 2021
Read more➡️ https://t.co/atmjgd4awu pic.twitter.com/eE8a9BtrRH
According to a statement released by the Ministry of Finance on Thursday, the deadline for issuing Certificate of Tax Deducted at Source in Form No 16 by employers to employees is extended by a month till July 15, 2021.
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