Welcome to Lectures 365
CMA | CA | CS Video Lectures , Power of Professional
    0 items0

    No products in the cart.

    Extend due date for IRT AY 2019-20

    CBDT extends the due date for furnishing of belated & revised ITRs for AY 2019-20 to 30th November 2020

    On further consideration of genuine difficulties being faced by taxpayers due to the Covid-19 situation, CBDT further extends the due date for furnishing of belated & revised ITRs for Assessment Yr 2019-20 from 30th September, 2020 to 30th November, 2020.Order u/s 119(2a) issued. Official Notification is as follows: F. No. 225/ 150/2020-ITA-11 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, Division New Delhi, the 30th September,2020 Order under Section 119(2)(a) of the Income-tax Act. 1961 The date for furnishing of Income-tax returns under section 139 of the Income-tax Act ,1961 (‘Ace) for the Assessment Year 2019-20 was 31. March, 2020. However, on consideration of difficulties being faced by the taxpayers due to COVID-19 pandemic, the said date was initially extended to 30th June,2020 and subsequently to 31. July,2020 and 30th September,2020 vide the Taxation and other laws (Relaxations of certain provisions), Ordinance dated 31.03.2020, Notification No.35/2020 dated 24.06.2020 and Notification No.56/2020 dated 29.07.2020 respectively. 2. In this context, on further consideration of genuine difficulties being faced by the taxpayers due to the outbreak of COVID-19 pandemic, the Central Board of Direct Taxes (CBDT), in exercise of powers conferred under section 119(2)(a) of the Act, hereby, further extends the date for furnishing of belated and revised returns for the Assessment Year 2019-20 under sub-section (4) and (5) of section 139 of the Act respectively, from 30th September,2020 to 30th November,2020.

    Leave a Reply

    Your email address will not be published. Required fields are marked *