The Finance Ministry has extended several tax filing deadlines in response to the COVID-19 pandemic. This includes new dates for Income Tax Returns, Tax Audit Reports, and GST Annual Returns. The Vivad se Vishwas Scheme deadline has also been pushed back. These extensions aim to provide relief to taxpayers facing disruptions.
In view of the COVID-19 pandemic and the large scale disruption caused as a consequence of it, the Finance Ministry has decided to extend the due dates for Income Tax Returns, Tax Audit Report, and GST Compliances. The revised due dates are as follows:
1. INCOME TAX RETURN (For taxpayers who are required to get their accounts audited) - 15th February 2021
2. INCOME TAX RETURN (For taxpayers who are not required to get their accounts audited) - 10th January 2021
3. TAX AUDIT REPORTS - 15
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FAQ :
The tax deadlines have been extended by the Finance Ministry due to the large-scale disruption caused by the COVID-19 pandemic.
For taxpayers requiring an audit, the new due date is 15th February 2021. For those not requiring an audit, it's 10th January 2021.
The due date for furnishing Tax Audit Reports has been extended to 15th January 2021.
The due date for the GST Annual Return for the financial year 2019-20 has been extended to 28th February 2021.
Yes, the due date for making a declaration under the Vivad se Vishwas Scheme has been extended to 31st January 2021.