Relief for Taxpayers as deadline for filing Income Tax Returns until 30 November. In a tweet from the official handle of the income tax department. The extension of the concession in the form of the extended deadline for submission of returns to the 30th of November Image was declared.
Last month, the government had extended the date for linking Aadhaar with PAN to March 31, 2021.
In a move seen as providing relief to the small and middle-class taxpayers the ultimate date for submission of self-assessment tax with a monetary liability of up to 1lakh has been extended to 30th of November
Understanding & keeping in mind the times that we are in, we have further extended deadlines. Now, filing of ITR for FY 2019-20 is extended to 30th Nov, 2020. We do hope this helps you plan things better.#ITDateExtension#FacilitationDuringCovid#WeCare #IndiaFightsCorona pic.twitter.com/ZoGBpok3V7
— Income Tax India (@IncomeTaxIndia) July 4, 2020
The due date for commencement of operations by new special economic zones (SEZs). For claiming tax holiday under Section 10AA of the I-T Act has been extended by September 30.
This comes 10 days after another tweet from the department. Entailing details of relief measure taken in order to bring more clarity to the situation
Major relief for taxpayers!
CBDT issues Notification no S.O. 2033(E) dated 24th June, 2020 on Taxation & Other Laws, further extending the time limits for various compliances. Notification to come into force from 30th June, 2020 & is available at: https://t.co/4RD6AiRNnT pic.twitter.com/vwmrsRgNLV
— Income Tax India (@IncomeTaxIndia) June 24, 2020