For Quick Alerts
For Daily Alerts

Deadline to File Income Tax Returns Extended


In a tweet, the finance ministry announced the extension of the deadline to file income tax returns for the financial year 2017-18 (AY 2018-19) to 31 August 2018. The earlier deadline was set at 31 July 2018 for individual taxpayers.

Deadline to File Income Tax Returns Extended

The ministry tweeted, " Upon consideration of the matter, the Central Board of Direct Taxes extends the due date for filing of Income Tax Returns from July 31, 2018 to August 31, 2018 in respect of the said categories of taxpayers."


For the assessment year 2018-19 (financial year 2017-18), new ITR forms were introduced in the month of April and taxpayers should now file those applicable to them online only. A penalty system for the late filing of the ITR was also introduced which could make individual taxpayers liable to pay up to Rs 10,000 as a penalty on missing the deadline.

Further, the facility to e-verify income tax returns filing using Aadhar OTP has also been temporarily down. The verification can be completed up to 120 days after the ITR filing is completed.

Read more about: income tax itr
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more