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Income Tax Return Filing Due Dates for FY 2019-20 (AY 2020-21) Extended!

Extended Income Tax Return Filing Due Date for FY 2019-20 (AY 2020-21)

In view of the COVID-19 pandemic, states had filed their petitions requesting the Income Tax Department to extended the Due Dates to file Income Tax Return for FY 2019-20 i.e. AY 2020-21.

Just a day before the ITR filing due date of 31st December 2020, the Finance Ministry extend the due dates for Income Tax Returns, Tax Audit Report, and GST Compliances.

Also, 16,66,548 ITRs were filed on 30th December up to 8pm. And 1,58,168 ITRs were filed between 7pm to 8pm i.e. after the extension announcement was made.


The revised due dates are as follows:

FY 2019-20 (AY 2020-21) Extended From Extended To

ITR Filing due date when Tax Audit is not Applicable

31st December 2020

10th January 2021

Submission of Tax Audit Report 31st December 2020 15th January 2021
ITR Filing due date when Tax Audit is Applicable 31st January 2021 15th February 2021

Fun Fact: Almost 70% audience believed the ITR filing due date will be extended! Just like always šŸ˜‰

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Got Questions? Ask Away!

  1. @ATDES is correct, you need to pay 100% of your tax liability in form of Advance tax before the 15th March of the financial year. Missing out on which may lead to interest u/s 234C and 234B

    @vivek25, The last date of filing ITR when Tax Audit is not Applicable for AY 2021-22 is 30th September 2021. You can still pay self-assessment tax and declare it when filing your ITR

  2. @Nireka Thanks.

    My query relates to my senior citizen parents. I understand that they are not liable to pay advance tax.

    So now after extension of due date for filing ITR, do they have time till Sept 2021 to pay self assessment tax as well? Hope Iā€™m right?

  3. @vivek25, in case the outstanding tax liability is above INR 10,000 you should pay self-assessment tax before 31st July to avoid interest, and you can file ITR before the applicable due date.

  4. @Nireka

    You have mentioned that self assessment tax is to be paid by July 31st if liablility exceeds 10,000. But as per the mint article quoted by @venkat1926 , the threshold u/s Section 234A is Rs 1 Lakh.

    The tax liabliltiy for FY21 is Rs 12000 for my parents and since assessee is senior citizen, advance tax is not applicable.

    Please clarify.

    I quote from the said article:

    Like last year, the government has provided relief under Section 234A to taxpayers whose self-assessment tax is up to ā‚¹1 lakh. Interest will be levied in case the tax liability of the person is more than ā‚¹1 lakh

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