What is the last date to file ITR?
Did you know that the last date to file income tax return (ITR) varies for different categories of taxpayers? For individuals, Hindu Undivided Families (HUF) and taxpayers whose accounts are not required to be audited, the last date of filing ITR is usually, July 31 (Unless extended by the government).
For the financial year (FY) 2018-19, the deadline to file ITR has been extended by the government to August 31, 2019.
For other categories such as companies and working partners of a firm, the deadline of July 31 (August 31 for FY 2018-19) does not apply.
Deadlines for various categories of taxpayers are as follows:
*Report under section 92E is submitted when a taxpayer has undertaken international transactions during the relevant financial year. Source: Tax2win.in.
Assessment year (AY) refers to the year following the financial year in which income earned by you is assessed. This is the year in which you file your ITR for the financial year gone by. For instance, for the FY 2018-19, the AY is 2019-20.
What happens if you miss this deadline?
For individuals, even if you miss the ITR filing deadline of August 31, 2019 (For FY 2018-19), you can still file your return. It is will be termed as belated ITR. The last date to file belated ITR for FY 2018-19 is March 31, 2020. If you miss this deadline as well, then you will not be able to file ITR unless you receive a notice from tax department to do so.
For the financial year (FY) 2018-19, the deadline to file ITR has been extended by the government to August 31, 2019.
For other categories such as companies and working partners of a firm, the deadline of July 31 (August 31 for FY 2018-19) does not apply.
Deadlines for various categories of taxpayers are as follows:
| Status of taxpayer | Due date |
| All individuals/assessees whose accounts are not required to be audited (individuals, HUFs, Association of Persons, Body of Individuals etc.) | July 31 (August 31, 2019 for FY 2018-19) of the relevant assessment year |
Following persons whose accounts are required to be audited
| September 30 of the relevant assessment year |
| An assessee who is required to furnish report under section 92E* | November 30 of the relevant assessment year |
Assessment year (AY) refers to the year following the financial year in which income earned by you is assessed. This is the year in which you file your ITR for the financial year gone by. For instance, for the FY 2018-19, the AY is 2019-20.
What happens if you miss this deadline?
For individuals, even if you miss the ITR filing deadline of August 31, 2019 (For FY 2018-19), you can still file your return. It is will be termed as belated ITR. The last date to file belated ITR for FY 2018-19 is March 31, 2020. If you miss this deadline as well, then you will not be able to file ITR unless you receive a notice from tax department to do so.
