The huge increase in Covid-19 in our country as a whole,is it possible to extend the filing date for income tax return for the financial year 2018-19?
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Quick Summary
Due to the significant increase in Covid-19 cases, there's a question about extending the Income Tax Return (ITR) filing deadline for the financial year 2018-19. While the government has already extended the deadline for belated returns to 31st July 2020 as a Covid-19 measure, any further extension remains speculative and depends on government decisions. It is advisable to file your return before the current extended deadline.
Usually belated return shall be filed for F.Y. 2018-19 till 31st March 2020 but as Covid measure gov has extend time limit to file belated return from 31st March to 31st July 2020.
it would merely speculation to predict about further extension. It depends over govt. , so it would be better to file before extended due date.