You can now file I-T returns till Nov 30

In view of prolonged disruption caused by the Covid-19 pandemic, the government on Wednesday notified the extension of income-tax (I-T) filing deadlines. These include due dates for revised I-T returns for 2018-19 (FY19), declaration of tax-saving investments for FY19, linking permanent account number (PAN) with Aadhaar, among others. The much-awaited compliance relief comes as a breather for businesses and taxpayers struggling due to the extended lockdown.

“In view of the challenges faced by taxpayers in meeting statutory and regulatory compliance requirements across sectors due to the outbreak of Covid-19, the government brought the Taxation and

Other Laws (Relaxation of Certain Provisions) Ordinance, 2020, on March 31, which extended various time limits. In order to provide further relief to taxpayers for making various compliances, the government has issued a notification on June 24,” the Central Board of Direct Taxes (CBDT) said in a release.

The due date for revising or filing I-T returns for FY19 has been extended by a month to July 31. The last date for making tax-saving investments to claim deduction under Section 80C (LIC, PPF, NSC, etc), 80D (Mediclaim), 80G (Donations), etc for 201920 (FY20) has been further extended to July 31.

“Hence, the investment/ payment can be made up to July 31 for claiming deduction under these Sections for FY20,” the CBDT said.