The Central Board of Direct Taxes vide notification dated the 29th October, 2020 has extended the time-limit for furnishing of annual income tax return. Every person who has entered into an international transaction or specified domestic transaction during the previous year shall submit the return by 31st day of January, 2021. In respect of other assesses, the due date shall stand extended to the 31st day of December, 2020. Furnishing of report of audit under any provision of that Act, the time-limit for furnishing of such report of audit shall stand extended to the 31st day of December, 2020. This notification shall come into force from the date of its publication in the Official Gazette.
