Deadlines extended for declaration under Vivad Se Vishwas scheme: All you need to know

The government again extended the deadline for settling tax disputes under the Vivad se Vishwas scheme without paying any interest and penalty by the month to January 31, 2021, from December 31, 2020. The government has extended various tax compliance deadlines, including Income Tax Returns, tax audit reports, and declaration under 'Vivad Se Vishwas Scheme, in view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of Covid-19 pandemic. The last date for filing an income tax return for FY 2019-20 has been extended to January 10, 2021, from the earlier deadline of December 31, 2020. Important ITR filing deadlines you need to know: The due date for ITR filing for individual taxpayers whose accounts are not required to be audited - January 10, 2021.