In a huge relief for taxpayers across India, the due date for filing income tax return (ITR) for the financial year 2018-19 has been extended by a month to August 31.
Earlier, the Government had set July end as the deadline for filing returns.
The Central Board of Direct Taxes has extended the deadline in view of some taxpayers facing difficulties in filing their returns due to various reasons including the extension of due date for issue of Form 16 for the Assessment Year 2019-20.
“In this regard, the Central Board of Direct Taxes, in exercise of its powers conferred under Section 119 of the Income Tax Act, 1961, hereby extends the due date as prescribed under Section 139 (1) of the Act for filing of income tax returns from 31st July, 2019, to 31st August, 2019, in case of all taxpayers who are liable to file their income tax returns by the said due date,” a Finance Ministry order said.
Many chartered accountants and tax professionals had also appealed to the government to extend the return filing deadline.