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FY2019-20 ITR filing deadline may be extended as Form 16 deadline put off to June 30

FY2019-20 ITR filing deadline may be extended as Form 16 deadline put off to June 30

Various income tax-related deadlines for individuals have been extended to June 30, 2020 via an ordinance dated March 31, 2020 by the government due to the impact of the coronavirus lockdown. As per chartered accountants the deadline for employers to issue the TDS certificate i.e. Form 16 for FY2019-20 to employees also stands extended to June 30, 2020. 

It would be difficult for employees to file their income tax returns by July 31 - the normal deadline for most individuals to file ITRs - if they get their salary TDS certificates as late as June 30. Consequently, it is likely that the deadline of July 31 to file ITRs would also be extended, they say. This has also been the trend whenever the deadline to issue Form 16 has been extended in earlier years. 

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