Government extends timelines for income tax compliance
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Government extends timelines for income tax compliance
TNN / May 21, 2021, 07:24 IST
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NEW DELHI: The government on Thursday announced an extension in deadline for several income tax related compliances, including filing of returns by individuals.
Individuals can now file returns up to September 30, instead of the prescribed July
31. Even last year, filing had been delayed due to the national lockdown.
The Central Board of Direct Taxes (CBDT) said that it has also extended the income tax return filing deadline for companies by a month to November 30. In a circular, the CBDT said an extension of time limits is being given for certain tax compliances “to provide relief to taxpayers in view of the severe pandemic”.
Read more about Govt extends timelines for income tax compliance amid Covid-19 crisis on Business Standard. The I-T department also extended the ITR filing deadline for companies by a month till November 30