7 changes in income tax rules you need to know
You have more time to file your income tax return (ITR) for the last financial year as the last date has been extended
The income tax department has also extended the deadline for making tax saving investment like PPF, insurance, etc for FY 2019-20
NEW DELHI : Giving relief to taxpayers amid the spread of Covid-19, the income tax department has relaxed various deadlines -- from income tax return (ITR) filing to making tax saving investments -- for the second time. Earlier in March, finance minister Nirmala Sitharaman had announced various compliance related relief for taxpayers and now as the Covid-19 graph continues the upward trend, the deadlines have been extended further.