Deadline for income tax return filing extended to August 31: Here's what you all need to know
Updated : July 24, 2019 04:42 PM IST
The decision has been taken keeping in mind the hurdles faced by the taxpayers in the issuance of Form 16, changes in the forms, tax-filing utilities and technical glitches with return forms.
For the assessment year 2019-20, the tax-deducted at source form was modified along with rules for filing TDS returns by employers.
By filing your returns on time, you are eligible for certain benefits such as carry-forward losses and avoiding late filing fee, which is up to Rs 10,000.
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