COVID-19 Outbreak : Relaxation in income-tax Return/ Tax Audit and TDS Compliances

Posted by

Vide notification dated 24-06-2020 , the due date for various compliances have been extended as below

Income Tax Return

  • Due date for filing income tax return for AY 2020-21 has been extended to Nov 30, 2020 for all tax payers : including those who were liable to tax audit or audit under any other law.

Tax Audit Report

  • Due date for filing tax audit report is now extended to Oct 31, 2020

TDS Returns / Forms

  • Due date for PF for the month of March 2020 , payable by April 15, 2020 is extended to May 15, 2020
Period Due DateExtended To
Form 24QQ4 / 2019-20June 30, 2020July 31, 2020
Form 26QQ4 / 2019-20June 30, 2020July 31, 2020
Form 27QQ4 / 2019-20June 30, 2020July 31, 2020
Form 27EQQ4 / 2019-20June 30, 2020July 31, 2020
Form 16AQ4 / 2019-20July 15, 2020Aug 15, 2020
Form 27DQ4 / 2019-20July 15, 2020Aug 15, 2020
Form 16FY 2019-20July 15, 2020Aug 15, 2020

Watch this short video that explains how Proactly can help automate Date Extension management for ease of compliance management

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.