Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Income-Tax Return Filing Extended to October 31, 2019, but Interest Under Section 234A Still Applies</h1> The due date for filing income-tax returns and audit reports for a specified category of taxpayers for the assessment year 2019-20 has been extended from September 30, 2019, to October 31, 2019, due to difficulties faced by taxpayers including limited time for audits and natural calamities. This extension is granted under the powers of the tax authority as per the Income-tax Act, 1961. However, the extension does not apply for calculating interest on delayed filing under section 234A, and taxpayers remain liable to pay interest for defaults in furnishing returns as originally prescribed.