Revised and Belated Income Tax Return for FY 2018-19 can be filed filed till 30.06.2020 instead 31.03.2020 earlier.
- Good news and much relief for individuals, the government has decided to extend the deadline for belated income tax return (ITR) and revised tax return for FY 2018-19 from March 31, 2020 to June 30, 2020. The decision has come due to curfews and lock downs because of the outbreak of corona virus pandemic.
The news was announced by Finance Minister Nirmala Sitharaman in her press conference held on March 24, 2020. Other tax-related deadlines were also extended. These include extension of PAN-Aadhaar linking deadline to June 30, 2020 from March 31, 2020, Vivad se Vishwaas scheme without paying any interest and penalty to June 30, 2020 from March 31, 2020 and completing tax-saving for FY 2019-20.
- Why the deadline extensions were needed
Deadline for belated ITR: