ITR Filing Date Extended for AY 2019 20

-

Income Tax Returns filing deadline extended to August 31 for AY 2019-20


If you are searching for Income Tax ITR Filing Date Extended or not, the answer is yes, the ITR Filing Date is Extended for AY 2019 20. The government on Tuesday i.e July 23 extended the due date for filing income tax returns by individuals for financial year 2018-19 by a month till August 31. Individuals, including salaried taxpayers, and entities - who do not need to get their accounts audited - needed to file their income tax returns for FY 2018-19 (Assessment Year 2019-20) by July 31, 2019.


The finance ministry said, "The Central Board of Direct Taxes (CBDT) extends the 'due date' for filing of Income Tax Returns from July 31, 2019, to August 31, 2019, in respect of individuals and entities taxpayers". As the TDS statement for FY 2018-19 was delayed, some people were hopeful for an extension of date in ITR filing.

Earlier, the Income Tax department extended the deadline for employers to issue Form 16 TDS certificate for FY 2018-19 to its employees till July 10. And they had just 20 days to file ITR. Till Rs. 5 lakh, there is no tax, but you need to file income tax return if you have spent Rs 2 lakh on a foreign trip or you pay electricity bills of Rs 1 crore annually.

If you miss the last date to file I-T return, you can pay any time till March 31, 2020 but it also means you need to pay a heavy fine. If you file an ITR or income tax return after the due date, you are liable to pay a penalty. An income tax return filed after the due date attracts a "late filing fee" under Section 234F of the Income Tax Act. Filing a belated income tax return attracts a penalty up to Rs. 10,000. A fee of Rs. 5,000 is payable by the assessee for filing an income tax return after the due date (August 31) but before December 31 of the assessment year as per Income Tax Department's website - incometaxindia.gov.in.  An income tax return for assessment year 2019-20 (financial year 2018-19) filed between August 31 and December 31 will fetch you a penalty of Rs. 5,000. An income tax return filed after December 31, 2019 but before March 31, 2020, you need to pay a late fee of Rs. 10,000. As per the income tax rules, if your income does not exceed Rs. 5 lakh, the late filing fees cannot be more than Rs. 1000.

Popular posts from this blog

Nagarhole National Park Safari Booking Online

-
Image
Nagarhole National Park Safari Booking Online There is good news for all wildlife enthusiasts and tourists who were appealing to the forest department to introduce online ticket booking system for safari in the Nagarahole national park. All wildlife enthusiasts and tourists wishing and requesting the forest department to begin online ticket booking system for safari in the Nagarahole national park would be happy to know that Nagarhole safari booking online is now active and fully operational. Nagarhole Safari Ticket Booking has been started to bring in more transparency as well as facilitating tourists to plan and book tickets for their safari in advance. It was a demand from the people at large, mostly from Bengaluru, Karnataka and neighbouring states like Kerala and Tamil Nadu who quite often visit the Nagarhole national park to start the online ticket booking system. Nagarhole National Park  Nagarahole (or Nagarhole) name is derived from a windy river named Nagara Ho
Read more

IGL Bill Payment Online, IGL Bill Pay Online

-
How to Pay IGL Bill Online, How to Pay Indraprastha Gas Bill Online Steps for IGL Payment Online for Customers not registered with IGL Visit the IGL Online Official Website - http://www.iglonline.net/english/Default.aspx On the right of the screen, Under Customer Zone->PNG User->Click on Insta Payment A new window opens where you can Pay IGL Bill Online/Security Deposit Enter your BP Number and click Get Details Your First Name, Last Name, CA Number, Amount Before Due Date, Due Date, Amount After Due Date and Amount to be paid is displayed Click on Pay button Indraprastha Gas Ltd Payment Amount would be displayed. Pay IGL Bill Online by Credit Card, Debit Card, Debit Card + ATM PIN, Internet Banking, Wallet/ Cash Cards, MasterPass, BharatQR. That's it. You have just completed the steps for IGL Bill Payment Online . Register as IGL Customer Visit the IGL Online Official Website -  http://www.iglonline.net/english/Default.aspx On the right of the screen, U
Read more

How to Pay Nagpur Property Tax Online

-
Image
Nagpur Property Tax Online Payment How to Pay Nagpur Property Tax Online?   Visit the official website of Nagpur Municipal Corporation here - https://www.nmcnagpur.gov.in Click on "Pay your Property Tax" link under Important Links at the top of the screen A new window opens Enter your Index Number and click on Search to find your NMC property tax details. Index number is mentioned on the property tax receipt. You can find it on the previous years payment receipts. Drop down Choose tab Click on Pay Tax to pay NMC Nagpur property tax Fill up the amount to Pay Drop down Pay through Select Payment gateway. Now you can pay Nagpur property tax online with mutiple Payment gateways. The payment can be made via Debit/Credit card or netbanking. A payment receipt becomes automatically generated as soon as you pay the property tax bill. The Nagpur property tax payment receipt can be downloaded on your PC or mobile and you can then take a printout for your use. For the purpose of levying
Read more