 "Tax revenue")
In view of hardships faced by taxpayers because of the pandemic, the government on Thursday extended several income tax (I-T) compliance timelines, including 2020-21 income tax returns (ITR), for individuals by two months to September 30.
“The Centre, in continuation of its commitment to address the hardships being faced by various stakeholders on account of the severe Covid-19 pandemic, has, on consideration of representations received from various stakeholders, decided to extend timelines for compliances under the Income-tax Act,1961,” said CBDT in a statement on Thursday.
The I-T department also extended the ITR filing deadline for companies by a
“The Centre, in continuation of its commitment to address the hardships being faced by various stakeholders on account of the severe Covid-19 pandemic, has, on consideration of representations received from various stakeholders, decided to extend timelines for compliances under the Income-tax Act,1961,” said CBDT in a statement on Thursday.
The I-T department also extended the ITR filing deadline for companies by a
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