Saturday, April 4, 2020

Due Dates w.r.t. Income Tax, TDS & TCS.


Know various due dates of returns extended in Income Tax for the months of February 2020, March 2020, May 2020 and June 2020.


Income Tax Returns Due Dates extended up to 30th June 2020.

Return /Form
Original Date/ Norms
New Dates/ Norms
Income Tax Return for 2018-19
March 31,2020
June 30,2020
Revise Return for 2018-19
March 31,2020
June 30,2020
Aadhaar – Pan linking
March 31,2020
June 30,2020
Vivad se Vishwas Scheme
March 31 : with out any add payment June 30: add payment @10%
June 30,2020 without addition payment
Delayed payments of advanced tax self-assessment tax, regular tax TDS,TCS equalisation levy, STT,CTT
Interest rate @ 12 – 18 %
Reduced interest rate of 9% for payment made between March – June 2020
Due dates for various matters such as notice intimation, filing of appeal
Expiring betweeb March 20- June 29
June 30,2020
Payment under Sabka Vishwas
March 31,2020
June 30,2020 with out Interest

  
Above deadlines are as per Press Release dated 24th March 2020, Subject to the subsequent notification to be issued in this regard by Income Tax department.

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