Extension of ITR filing due date for salaried employees for AY 2019-20 is inevitable

Extension of ITR filing due date for salaried employees for AY 2019-20 is inevitable 

As predicted, CBDT has extended due date of 31st July 2019 for filing ITR to 31.08.2019 Click Here >>

As per the provisions of section 139 of the Income Tax Act, 1961 (the Act), the due date for filing income tax returns for AY 2019-20 (FY 2018-19) by salaried employees/assessees is 31st July 2019.

Salaried persons can file their income tax returns in ITR-1, ITR-2 or ITR-3 depending their income profile. The income tax return preparation utilities have already been released by the Income Tax Department.

As per newly introduced penal provisions under section 234F there is also a penalty (worded as fee) for late filing of income tax return.

One of the pre-requisite for filing the ITR by the salaried employees is issue of salary certificate in Form 16 by the employer. The due date for the employers to issue of Form 16 for the FY 2018-19 is 15th June, 2019.

However, recently, the CBDT vide order u/s 119 has extended the due date for issue of TDS certificate in Form 16 for financial year 2018-19 from 15th of June, 2019 to 10th of July, 2019.

In view of the above, it is inevitable that the due date of filing of ITR by salaried employees is bound to be extended and it is only matter of time when the official announcement is made in this respect.

This post shall be updated with the order of extension whenever made.