CBDT Extends Few of The Time Limits Of Compliances Under Taxation & Other Laws Ordinance, 2020

The CBDT has issued a notification further extending few of the time limits of compliance under Taxation & Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 as under:

  • Due date for filing Income Tax Return for F.Y 2018-19 has been extended to 31st July, 2020.
  • Waiver of interest u/s 234A in cases where self assessment tax is upto Rs 1 lac.
  • Deductions under Chapter VI-A like Sec 80C, 80D, 80G etc can now be made upto 31st July, 2020.
  • The date for furnishing of TDS/TCS statements for the quarter ending on 31st March, 2020 has been extended to 31st July, 2020.

 

The official letter of CBDT is attached below:

[gview file=”https://www.incometaxindia.gov.in/news/notification_35_2020.pdf”]

 

 

Source: CBDT