E-ITR forms updated post the extension of deadline to file ITR – The Economic Times

  • Press Release|
  • < 1 minute
  • By Taxmann
  • |
  • Last Updated on 28 October, 2020
Aug 01, 2019
 
Chartered Accountant Naveen Wadhwa, DGM, Taxmann.com says:

 
 

“The department has extended the due date for filing of return for the Assessment Year 2019-20 from July 31, 2019 to August 31, 2019 considering the recent extension in due dates for issue of Form 16 and filing of TDS return by employers in new formats. If a person files the return after the due date then he is liable to pay interest under section 234A at the rate of 1% of tax payable. As the due date for filing of return has been extended by 1 month, no interest shall be charged if a taxpayer files his return by August 31, 2019. Accordingly, e-filing utilities have been modified so as not to charge the interest under Section 234A.”

 

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Comments are closed.

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on Taxmann.com

Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied