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Due date for revised return and 80C investment extended by ordinance for F.Y. 19-20 till 30.06.2020

ADMIN by ADMIN
March 31, 2020
in Business & Other News, Income Tax News
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Relief announced by FM Nirmala Sitharaman on 26.03.2020 relating to corona virus
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Ministry of Finance has issued an ordinance to clarify the extension of various due dates. Same has been posted on the twitter handle of Ministry of Finance and you can access the same from here. We hope to get a formal ordinance soon. However the major updates are as follows:

  • Due date for belated as well as revised return has been extended to 30.06.2020.
  • Last date for linking Aadhar with PAN has also been extended from 31.03.2020 to 30.06.2020.
  • Due date for making investment in 80C, 80D and 80G have been extended to 30.06.2020.
  • Due date for making investment in capital gain saving/ deduction u/s 54 to 54GB has been extended to 30.06.2020.
  • Due date for payment of tax under Vivad se Vishwas has been extended from 31.03.2020 to 30.06.2020.
  • Due date for furnishing Central excise return for March, April and may has been extended to 30.06.2020.

You can read the other extensions in the below image.

This ordinance has nothing to do with change in Financial year it only relates to extension with regard to relaxation mentioned below. Now we need to wait for the procedure on how they would determine if the investment has been made for Financial year 2019-20 or 2020-21.




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  1. Pingback: New ITR 1 to 7 for AY 2020-21 notified by CBDT - Detailed analysis of important amendments - Taxontips
  2. Pingback: Major updates relating to Vivad se Vishwas act, 2020 Dt. 22.04.2020 - Taxontips
  3. Pingback: CBDT modifies ITR to let people take benefit of extended time limit due to Covid-19 - Taxontips
  4. Pingback: Due date for payment of TDS and TDS statement | Extension of TDS return due date amid quarantine? - Taxontips
  5. Pingback: Donation to PM cares fund eligible for CSR fund as well as 80G deduction for F.Y. 2019-20 - Taxontips

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