Income Tax Return Filing Due Dates

author portrait

Hiral Vakil

Due date
Income Tax Filing
ITR Due Date

Income Tax Return (ITR) filing is done after the completion of a financial year. Due dates to file Income Tax Returns (ITR) are as per section 139 of the Income Tax Act. The due date for filing of the income tax return for different category of taxpayers are as follows:

Due to COVID-19, the Due Date to file Belated ITR or Revised ITR for FY 2018-19 has been extended to 30th June 2020. Further, the Due Date to file Original ITR for FY 2019-20, has been extended to 30th November 2020 for all taxpayers.
Tip
Due to COVID-19, the Due Date to file Belated ITR or Revised ITR for FY 2018-19 has been extended to 30th June 2020. Further, the Due Date to file Original ITR for FY 2019-20, has been extended to 30th November 2020 for all taxpayers.

Category

Due Date

Individuals to whom audit is not applicable

31st July of the Assessment Year

Companies

30th September of the Assessment Year

Individuals to whom audit is applicable

30th September of the Assessment Year

Individuals / HUF who are partners in a firm and firm’s accounts are subject to audit

30th September of the Assessment Year

Above due dates can be extended by the IT Department via order.

Difference Between Financial Year and Assessment Year
This article mentions the differences between the Financial Year and the Assessment Year
Read More
Difference Between Financial Year and Assessment Year
This article mentions the differences between the Financial Year and the Assessment Year
Read More

The income tax return can also be filed after the due date. It will be considered as a belated return and late filing fees and penalty interest will be applicable. Hence it is always advisable to file ITR on or before the due date.

Due Date for filing Revised Return

A taxpayer can revise a return if any mistake, omission or any wrong statement is found in the original return. Earlier up to FY 2016-17 (AY 2017-18), a revised return could be filed before the expiry of one year from the end of the relevant assessment year i.e, 31st March 2019 or before the completion of the assessment by the IT Department whichever is earlier.

Later, the timeline to file a Revised Return was reduced from 2 years to 1 year. From FY 2017-18 (AY 2018-19) onwards Revised Return can be filed before the end of the assessment year i.e, 31st March 2019 or before the completion of the assessment by the IT Department whichever is earlier. Further, FY 2017-18 onwards, a Belated Return can also be Revised.

Due to COVID-19 the due date for filing Revised ITR for FY 2018-19 (AY 2019-20) has been extended to 31st July 2020 for all taxpayers.
Tip
Due to COVID-19 the due date for filing Revised ITR for FY 2018-19 (AY 2019-20) has been extended to 31st July 2020 for all taxpayers.

Revised Return is filed under section 139(5) of the income tax act. If an original return is filed in paper form then the revised return cannot be filed online.

Ask an expert
Talk to an expert via call, whatsapp or messages. Ask questions about Tax savings, Tax returns, notices & compliances etc.
[Rated 4.8 stars by customers like you]
Ask an expert
Talk to an expert via call, whatsapp or messages. Ask questions about Tax savings, Tax returns, notices & compliances etc.
[Rated 4.8 stars by customers like you]

Due Date to file a Belated Return

From FY 2017-18 (AY 2018-19) onwards belated return can be filed at any time before the end of the relevant assessment year or before completion of the assessment, whichever is earlier.

Due to COVID-19 the due date for filing Belated ITR for FY 2018-19 (AY 2019-20) has been extended to 31st July 2020 for all taxpayers.
Tip
Due to COVID-19 the due date for filing Belated ITR for FY 2018-19 (AY 2019-20) has been extended to 31st July 2020 for all taxpayers.

Belated Return attracts late filing fees under section 234F. Late filing fees of Rs. 5,000 is payable if the return is filed after the due date but before 31st December of the assessment year. If the return is filed after the 31st December then late filing fees of Rs. 10,000 is payable. However, the number of late filing fees to be paid cannot exceed Rs. 1,000 if the total income of the person does not exceed Rs. 5,00,000.

Let’s take an example to understand better: Mr. Arun forgot to file his ITR on or before 31st August 2018. His total income for FY 2017-18 was Rs. 4,50,000. Arun can file his belated return up to 31st March 2019. He files his return on 25th November 2018. Then his return will be considered as a belated return and late filing fees of Rs. 1,000 will be applicable to him since his income is less than Rs. 5,00,000.  

Up to FY 2016-17 (AY 2017-18), a belated return can be filed within one year before the end of the relevant assessment year or before completion of the assessment, whichever is earlier. Up to FY 2016-17, there were no late filing fees applicable to belated returns.

ITR for Proprietors with Business Income
CA Assisted Income Tax Return filing for Individuals & HUFs with business income from Proprietary Firm.
[Rated 4.8 stars by customers like you]
ITR for Proprietors with Business Income
CA Assisted Income Tax Return filing for Individuals & HUFs with business income from Proprietary Firm.
[Rated 4.8 stars by customers like you]

Due Dates to file Income Tax Returns for FY 2018-19 (AY 2019-20)

 

Taxpayer ITR Form Original ITR Belated & Revised ITR
Individuals/ HUF ITR-1
ITR-2
ITR-4
31/07/2019 31/03/2020
(extended to 30/06/2020)
Individuals/ HUF ITR-3 30/09/2019 31/03/2020
(extended to 30/06/2020)
Company, Partnership Firm, Trust, LLP (Not requiring audit) ITR-5
ITR-6
ITR-7
31/07/2019 31/03/2020
(extended to 30/06/2020)
Company, Partnership Firm, Trust, LLP (requiring audit)  ITR-5
ITR-6
ITR-7 
30/09/2019 31/03/2020
(extended to 30/06/2020)

File Your Tax Return

On Time , Online on Quicko.com

Open Your Account Today

File Your Tax Return

On Time , Online on Quicko.com

Open Your Account Today

FAQs

What is the due date for FY 19-20?

For taxpayers, under audit, the due date is 31st October 2020. While for taxpayers not under audit the due date is 31st July 2020. On account of COVID-19, the Due Date to file ITR for both audit and non-audit taxpayer has been extended to 30th November 2020.

What are the documents needed to file ITR?

Following are some of the general documents required to file ITR:
1. Aadhaar
2. PAN
3. Bank account details
4. TDS Certificate (Form 16, Form 16A, Form 26AS)
5. Tax payment challan (Self-assessed Tax or Advance tax)
6. Original notice (In case of refiling the ITR)
These are the documents that are required to file the ITR: Aadhaar, PAN, (Form 16, Form 16A, Form 26AS), (Self-assessed Tax or Advance tax)

Who is eligible to file ITR?

All PAN holders should ideally file their ITR. However, If your income is more than INR 2.5 Lakh p.a then it is mandatory to file your ITR.

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    Close Bitnami banner
    Bitnami