Tax Solution

*Income Tax return filing for the AY 2019-20 - Due date of 31st July 2020 extended to 30th September 2020*

CBDT on the 31st of October 2019 announced extension of due date to file Income Tax Return/Tax Audit Report from 31st October to 30th November 2019 for all categories of Income tax aseessees in UT of J&K and UT of Ladakh in excercise of powers conferred under section 119 of the Income Tax Act, 1961 after consideration of reports of disturbance in Internet Facility in certain areas of Jammu and Kashmir. It further gave a clarification that all the returns filed by certain categories of assessee who were required to do the same by 31.08.2019, but have filed their ITR after 31.08.2019 till the date of issuance of this order dated 30/10/19 shall be deemed to have been filed within the due date specified u/s139(1) of the Act.