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ITR filing deadline for FY19 extended to September 30: Here’s how you can file it online

New Delhi: The Central Board of Direct Taxes (CBDT) on Wednesday (July 29) extended the last date for filing belated Income Tax Return (ITR) for the financial year 2018-19 (AY2019-20). The date has been extended from July 31 to September 30, 2020. 

The extension will reduce the hardship of taxpayers, said experts, amid challenges faced by taxpayers in meeting the statutory and regulatory compliance requirements across sectors due to the outbreak of Covid-19.

Prior to this, the government had extended the deadline to file the belated income tax return (ITR) for FY 2018-19 twice. First, from the original deadline of March 31, 2020, to June 30, 2020, and then to July 31, 2020.

It is worth mentioning here is that if an individual does not file the belated ITR, if due, by the deadline (i.e., Sept 30, 2020), then he/she will not be able to file the income tax return for the financial year 2018-19.

Follow these simple steps to file you ITR online

  • Log in to the Income Tax Department portal (incometaxindiaefiling.gov.in)
  • Next, you need to register yourself (if you are not already a registered user)
  • Taxpayers can register themselves to file IT returns using PAN. PAN serves as the user ID.
  • After you are logged in by registering, select the filing of income tax return option.
  • Next to select the assessment year you will be re-directed to a new page. Select the assessment year from the dropdown menu, then choose your assessment year, along with ITR form number 1, and filing type – original or revised return.
  • After that under the submission mode, click ‘prepare and submit online’.
  • Next, select the pre-validated bank account. This is the bank account where will receive the IT refund if you are eligible for any.

By downloading the income tax return form:

  • Log in to the Income Tax Department portal (incometaxindiaefiling.gov.in)
  • Under this process, taxpayers will have to download their income tax return form. While downloading make sure it is the correct income tax return form in excel format.
  • Fill the form with your details, and information.
  • Check and confirm all relevant tax details before filing the ITR form. You can skip this step if you do not have any tax liability.
  • Then, generate an XML file of the form to upload.
  • After that go the e-filing website to submit the form. Upload the generated XML file, and click on the ‘Submit Return’ option.
  • You will then be sent a confirmation message, visible on your screen validating the completion of e-filing – confirm your ITR verification.
  • Additionally, the acknowledgment form generated can be downloaded. The acknowledgment form will also be mailed to taxpayers’ registered email ids.
  • To e-verify your returns, you can do it through various modes such as registered mobile number, net banking, Demat account number, bank ATM, bank account number, Aadhaar OTP, and e-mail id.

How to complete the verification process

Using your bank account number

  1. Log in to the e-filing portal, pre-validate your bank account number
  2. Go to e-verify link, enter acknowledgment number
  3. Select the option to e-verify using a bank account number and generate EVC. You will receive the EVC on your registered mobile number Enter this code on the portal to verify your return 
  4. Enter this code on the portal to verify your return 

Using Aadhaar-based OTP 

  1. Log in to the incometaxindiaefiling.gov.in website
  2. Click on ‘e-Verify return’ on the left-hand-side menu
  3. Select the option to verify using Aadhaar OTP (only if Aadhaar-PAN linkage is already done)
  4. Generate an OTP on your registered mobile number
  5. Enter the OTP on the portal to complete the process

Source: Times Now

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