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DUE DATE EXTENDED FOR INCOME TAX RETURN - 31ST AUGUST 2019



The finance ministry has extended the due date for filling INCOME TAX RETURN  for INDIVIDUAL'S AND HUF'S  for the assessment year 2019-2020 from 31ST JULY 2019 to 31ST AUGUST 2019.

"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 the said categories of taxpayers," the finance ministry said in a statement.

CBDT (CENTRAL BOARD OF DIRECT TAX) also extend the due date for TDS RETURN Form 16 for the employer which is issued to there employee from JUNE 15 TO JULY 31 of 2019.

Taxpayers (Individual and HUF) should have pay maximum of Rs.5000 fine for late filing of INCOME TAX RETURN if the missed to submit their TAX RETURN within the due date of 31st August 2019 but before 31st December 2019 and from 1st January 2020 to 31st March 202 the fine will be doubled.

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