File Income Tax Return 2020

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File income tax return 2020. This year revenue has decided to further extend this deadline to thursday 10 december 2020. It s free for those who earned 72 000 or less in 2020. This is the second time that the central board of direct taxes cbdt has extended the last date for filing of itr for ay. 9 the income.
The income tax return itr filing deadline for the financial year 2019 20 has been extended to november 30 2020 from july 31 2020 as announced in a press conference on may 13 2020. For tax year 2020 the top tax rate remains 37 for individual taxpayers filing as single and with income greater than 518 400 which is a modest bump up from 510 300 for 2019. In yet another relief for taxpayers the income tax i t department extended the last date for filing of individual income tax returns itrs for fy 2019 20 or assessment year ay 2020 21 by another month till december 31. Some of the free file packages also offer free state tax return preparation.
Offline download the applicable itr form in either java or excel format as per your convenience fill it offline generate the xml and upload. If you file and pay your taxes online the deadline is usually mid november. Still if you not file your income tax return in time then the income tax department will penalize you and imposed a penalty for late filing of itr. There are three ways to file an income tax return.
For ay 2020 21 the last date for filing your income tax return has been extended to 30th november 2020. What is the income tax return deadline 2020. The department has released the itr 1 utility e form on its e filing website available in excel and java formats. The due date for the income tax return for the fy 2019 20 ay 2020 21 has now been extended to november 30 2020.
Read more about here is how to file income tax returns for ay 2020 21. The income tax return aka form 11 deadline for 2019 s income is the 31st of october 2020. The date for a tax audit is extended from september 30 2020 to october 31 2020. The due date for all income tax return for the financial year 2019 20 will be extended from july 31 and october 31 to november 30 2020.
If you re comfortable filling out your own tax forms electronically you can use free file fillable forms regardless of your income to file your tax returns either by mail or online.