NEW DELHI : Giving relief to taxpayers amid the spread of Covid-19, the income tax department has relaxed various deadlines -- from income tax return (ITR) filing to making tax saving investments -- for the second time.
Earlier in March, finance minister Nirmala Sitharaman had announced various compliance related relief for taxpayers and now as the Covid-19 graph continues the upward trend, the deadlines have been extended further.Changes in income tax rules explained in 7 points1) The last date for filing belated or revised ITR for FY 2018-19 (AY 2019-20) was March 31 but it was extended till June 30th.
Now, the deadline has been further extended till July 31.2) Usually, the last date for ITR filing for salaried class is July 31.