๐๐๐๐ฅ๐๐ซ๐๐ญ๐ข๐จ๐ง๐ฌ ๐ฆ๐๐๐ ๐๐ฒ ๐
๐ข๐ง๐๐ง๐๐ ๐๐ข๐ง๐ข๐ฌ๐ญ๐๐ซ ๐ข๐ง ๐ฉ๐ซ๐๐ฌ๐ฌ ๐๐จ๐ง๐๐๐ซ๐๐ง๐๐ ๐๐ฌ ๐ ๐ซ๐๐ฌ๐ฎ๐ฅ๐ญ ๐จ๐ ๐๐๐๐๐๐๐ ๐ฉ๐๐ง๐๐๐ฆ๐ข๐
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FY 18-19 last date for income tax returns extended to 30.06.2020. For the delayed payments interest rate reduced from 12 to 9 percent.
Interest on delayed deposit of TDS reduced to 9 percent from 18 percent. 30.06.2020
Aadhar and Pan Linking date extended to 30.06.2020 from 31.03.2020 Vivad Se Vishwas Scheme extended to 30.06.2020. No additional 10 percent charge till 30.06.2020.Any due dates regarding issue of notice/intimation/approval/sanction order/applications/ reports/ filing of appeal/any compliance by taxpayers/ benefit of capital gains/ Benami Law which was getting over by 20.03.2020 has been extended to 30.06.2020.
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Last date for filing returns for March ‘20, April ‘20, May ‘20 and composition returns extended to 30.06.2020.
Companies having less than 5 crore turnover no interest, no late fees and no penalty. Bigger companies - no late fees and penalty - however, interest at 9 percent.
Date for opting for composition scheme extended to 30.06.2020
Customs and Central Excise
Sabka Vishwas scheme further extended to 30.06.2020 from 31.03.2020. People who pay during the extended period will not have to pay any interest.
Customs clearance till 30.06.2020 will operate 24/7 during COVID-19.