The Ministry of Finance along with the Central Board of Direct (CBDT) has released a notification regarding the further extension given by the Government for filing of Income-tax returns under section 139 of the Income-tax Act,1961 (‘Ace) for the Assessment Year 2019-20 and for furnishing the belated and revised returns for the Assessment Year 2019-20 under sub-section (4) and (5) of section 139 of the Act, till the date November 30, 2020.

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It​ is the fourth time the government has extended the deadline of filing belated ITR from the original deadline of March 31, 2020, due to Covid-19 pandemic situation in the country. Earlier, the government had extended the belated ITR filing deadline to June 30, 2020, then to July 31, 2020, and subsequently to September 30, 2020.

A belated return is the tax return filed after the expiry of the original deadline of filing the income tax return for a particular financial year. And a revised ITR is filed by an individual who had made a mistake such as forgetting to claim a deduction, not reporting of income, bank account etc., at the time of filing their original tax return.

The income tax department has also announced about the extension of the deadline for filing of ITRs, belated and revised returns for AY 2019-20 via its official Twitter handle. The I-T departments official Twitter handle said: “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 year 2019-20 from 30th September 2020 to 30th November 2020. Order u/s 119(2a) issued.”

With Warm Regards,

CL Bureau.

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