The last date for taxpayers to file their income tax returns was July 31. However, due to various reasons, including the corona spread, the deadline for filing income tax returns was subsequently extended and the last date was October 31.
The Central Board of Direct Taxation (CBDT) has extended the deadline for taxpayers (including their associates) to file an income tax return to audit their accounts until January 31 next year.
The deadline for filing audit reports, including tax audit reports and international/specific domestic transaction reports, has been extended to December 31.
For those who have to pay self-assessment tax up to Rs 1 lakh, the tax payment date has been extended to January 31 next year, the Central Board of Direct Taxation Board said.