Extension of due date of income tax return filing for 2018-19

Important Due date alert

Last date of filing of ITR for FY 2018-19 was 31st July 2019 for persons who are not required to get their accounts audited. For those under audits, due date of Income Tax Return (ITR) filing was 30th September 2019.

But now due to Economic crisis going on in the country due to COVID 19 pandemic, the  Income Tax Department has extended the due date for filing the ITR (Income Tax return) for the FY 2018-19 till 30th November, 2020. This due date extension is applicable to both for the Tax payers who are required to get their account audited and to the ones who does not require to get the accounts audited.

If you can not file your return till this date, there is a penalty on late filing which can extend upto Rs. 10000/- depending on when the return is actually filed.

Due date alert: Last date of filing of ITR for FY 2018-19 was 31st July 2019 for persons who are not required to get their accounts audited.

For those under audits, due date of filing of ITR is 30th September 2019.

If you can not file your return till this date, there is a penalty on late filing which can extend upto Rs. 10000/- depending on when the return is actually filed.

This due date of ITR filing has been extended by the Government, to 31st August 2019.

Income tax department by way of a tweet from its official twitter handle, declared this.

This move is sure to bring in a relief to a lot of tax payers, consultants and chartered accountants, who were burdened with pending Income tax filings.

Suggested Read: Penalty for late filing of ITR.

ITR filing for Assessess under Audit

It may be noted that the said extension of due date is applicable only for those, who have salary incomes or have businesses, but not under any kind of audit requirements.

Get in touch with experts to file your returns before due date.