Why the tax department did not extend return filing deadlines any further
The tax department stated that any further extension would affect the collection of revenue
January 19, 2021 / 10:07 AM IST
The last date for filing income-tax returns for financial year 2019-20 (or assessment year 2020-21) is gone. That was January 10, 2021. The government is not going to extend this deadline now. If you missed the deadline, you can still file your tax returns after paying a penalty.
But after three extensions, did you know why the government did not postpone the deadline another time? In its response to a petition filed by the All-India Gujarat Federation of Tax Consultants in the Gujarat High Court, the Central Board of Direct Taxes (CBDT) said that it had been proactively giving relaxation on the ITR filing deadline. It said any more relaxation was not feasible.