CBDT extends due date for filing Income Tax Return for FY 2018-19(AY 2019-20) vide notification 56/2020 dated 29th July, 2020. The due date for filing ITR was 31.07.2020 it has been extended to 30.09.2020. Taxpayers can still file belated income tax return u/s 139(4) for FY 2018-19 and in case of any corrections need to be made they can still revise their ITR u/s 139(5).
But a belated return will attract interest u/s 234F as below:
Total income is below Rs. 2,50,000: Nil
Total income is between Rs. 2,50,000 to 5,00,000: Rs. 1,000
Total income is above Rs. 5,00,000: Rs. 10,000