Quick reminder of tax compliance and reliefs provided under The Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 {Part 2}-Income Tax Act, 1961

In case the deductor is other than Government The due date of payment of TDS u/s 200(1) and 200(2) of the Act {other than sum deduced u/s 194-IA, 194-IB and 194M} for the month of March, 2020 is 30th April , 2020 as prescribed in Rule 30(2)(a) of the Income Tax Rules, 1962. It is …

Quick reminder of tax compliance and reliefs provided under The Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 {Part 1}- Income Tax Act, 1961

Belated Income Tax return u/s 139(4) for AY 2019-20 can now be furnished up to 30.6.2020, with late of u/s 234F.             {See expression “furnishing of any return” in section 3(1)(b) of the Ordinance} Revised Income Tax return u/s 139(5) for AY 2019-20 can now be furnished up to 6.2020. …