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CBDT Notification

Extension of various time limits under Direct Tax & Benami laws

June 25, 2020

CBDT Extends various direct tax due dates, in view of the hardship faced by tax payers due to ongoing COVID-19 pandemic. Highlighting the various dates here for you easy reference along with detailed Press Release and Notification (35/2020 dated 24/06/2020).

  • Last date for furnishing of TDS/TCS returns of Q4 2019-20 extended to 31st July 2020 and issue of TDS Certificates to 15th August 2020
  • Time limit for filing belated Income Tax Returns of AY2019-20 extended to 31st July 2020
  • Last date for Investments to be eligible for deduction under Chapter VIA ( 80C, 80D etc) for the FY 2019-20 extended to 31st July 2020
  • Due date for ITR for AY 2020-21 is extended to 30th November 2020
  • Extended last date for payment of Self-Assessment Tax in the case of a taxpayer with self assessment tax liability is upto Rs. 1 Lakh for FY 2019-20 to 30th November 2020
  • Due date of furnishing Audit Report for AY 2020-21 extended to 31st October 2020
  • Last Date for making investment / construction / purchase for claiming roll over benefit / deduction in respect of Capital Gains u/s 54 to 54GB of the IT Act extended to 30th September, 2020.

Find the press release and notification in the following links:

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