The last date for filing income tax returns (ITRs) for assessment year (AY) 2020-21, which is the financial year (FY) 2019-20, has been extended by the government to December 31 for individual taxpayers. Taxpayers should file taxes before the deadline as belated ITR filing has many consequences, including penalties, and will also make them ineligible for several tax benefits. Here's everything to know.

source https://www.newsbytesapp.com/timeline/business/67840/320194/fy-2019-20-itr-filing-deadline-late-filing-penalties

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