Extn of Due Dates of ITR for AY 2019-20 : The Central Board of Direct Taxes (CBDT) on 29 July 20 announced the extension in the dates for filing the Income Tax Returns for the Assessment Year 2019-20. In an official notice issued by Income Tax department on twitter handle, the CBDT stated that in view of the constraints due to the COVID-19 pandemic and to further ease compliances for taxpayers, CBDT extends the due date for filing of Income Tax Returns for FY 2018-19 (AY 2019-20) from 31st July, 2020 to 30th September, 2020 vide Notification in S.O. 2512(E) dtd 29 July 20. To view the Copy of Notification please Click Here.
Economic Booster Package : In this pendemic situation during Covid 19 Government of India Announces economic package equivalent to 10 % of GDP for citizen of India. Please Click Here for know in details.
Waiver of late fees : The GST Council has recommended reduction/waive off of late fees for filing of GST return from July 2017 onwards to reduce the financial stress created to the company due to covid 19 pandemic issue. To know the detailed notification of 12 Jun 20, Please download the notification.