Due date of payment of self assessment tax

Due date of payment of self assessment tax

As per the notification dated 24th June 2020 issued by CBDT, the due date of filing of return of income has been extended from 31st July 2020 to 30th November 2020. However, the self assessment tax (if it exceeds INR 1 lakh) has to be paid by 31st July 2020. If the self assessment tax is less than INR 1 Lakh, the same can be paid anytime before the filing of return of income.

CA Aastha Singhal