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Govt further extends tax compliance timelines; individuals can file returns by Sept 30
By IANS |
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Income Tax Image Source: IANS News
New Delhi, May 20 : In view of the hardship being faced by taxpayers on account of the severe Covid-19 pandemic and on consideration of representations received from various stakeholders, the government has decided to provide further relief to taxpayers by extending various time limits of compliances.
Accordingly, the Central Board of Direct Taxes (CBDT) has now extended the due date for furnishing of Return of Income for the Assessment Year 2021-22, which is 31 July, 2021 by couple of months to 30 September, 2021.
New Delhi [India], May 20 (ANI): The Centre, in continuation of its commitment to address the hardship being faced by various stakeholders on account of the severe Covid-19 pandemic, has decided to extend timelines for compliances under the Income-tax Act, 1961 (hereinafter referred to as "the Act") after consideration of representations received from various stakeholders, said the Union Finance Ministry on Thursday.