Lockdown has affected a lot on the daily livelihood of every person in the country.In view of the situation, the government has released new revised due dates of all the annual submissions and payments.
Kindly follow the list for the same;
Income Tax Return for the FY 2018-19 (A.Y. 2019-2020)
Due date is extended to 30th June 2020 from 31st Mar 2020
Income Tax Return for the FY 2019-20 (A.Y. 2020-21)
For Non- Auditable Assessee – Due date is extended to 30th Nov 2020 from 31st Jul 2020
For Auditable Assessee – Due date is extended to 30th Nov 2020 from 31st Oct 2020
Tax & Statutory Audit for the FY 2019-20 (A.Y. 2020-21)
Due date is extended to 31st October 2020 from 30th September 2020
TDS & TCS Return of Qtr. IV for the FY 2019-20 (A.Y. 2020-21)
Due date is extended to 30th June 2020 from 31st May 2020
Due date for deposit of TDS/TCS for the month of May 2020
Due date is 7th June 2020
Online submission of form 15G/15H
Due date is extended to 30th June 2020 from 30th April 2020
Linking PAN with Aadhar
Due date is extended to 30th Jun 2020 from 31st Mar 2020
Issuance of Form 16/16A for the Qtr. IV of FY 2019-20
Due date has been extended to 30th June 2020 from 15th June 2020
Date for making investments & payments for claiming deduction under Section 80C/80D/80G
Date of making investment & payment under section 80C (LIC, PPF, NSC etc.), 80D (Mediclaim), 80G (Donations) extended to June 30th 2020 for FY 201920 from 31st March 2020
Interest liability on payment due between 20.03.2020 to 30.06.2020
All delayed payments of advance tax, self assessment tax, TDS, TCS, equalization levy, STT; CTT made between 20.03.2020 to 30.06.2020 will be charges at reduced interest rate i.e., 9% p.a instead of 12% or 18% p.a
DUE DATE FOR GSTR – 3B
Turnover in preceding FY 1.5 crore Feb. 20 – 30 June 2020 Mar. 20 – 03 July 2020 Apr. 20 – 06 July 2020 May 20 – 14- July 2020
DUE DATE FOR GSTR -1 QUARTERLY
Turnover in preceding FY 1.5 crore Feb. 20 – 30 June 2020 Mar. 20 – 30 June 2020 Apr. 20 – 31 July 2020 May 20 – 31 July 2020
DUE DATE FOR GSTR -1 MONTHLY
Turnover in preceding FY 1.5 crore Mar. 20 – 30 June 2020 Apr. 20 – 30 June 2020 May 20 – 30 June 2020
GSTR 9/9C Annual return for FY the 2018-19
Due date is extended to 30.09.2020 from 31.03.2020
ROC Compliance
No additional fee shall be charged for late filing during a moratorium period (01.04.2020 to 30.09.2020) in respect of any document, return, statement etc required to be filed in MCA system irrespective of its due date.
Input GST credit – restriction rule of 10% with reference to GSTR2A
The said condition shall not apply to input tax credit availed by the registered persons in the returns in FORM GSTR-3B for the months of February, March, April, May, June, July and August, 2020, but that the said condition shall apply cumulatively for the said period and that the return in FORM GSTR-3B for the tax period of September, 2020 shall be furnished with cumulative adjustment of input tax credit for the said months in accordance with the 10% condition.
Extension for Submission of Annual Results to SEBI by Listed Entities
The timeline has been extended by 30 days for annual results. This means listed entities can now submit financials till 30th June 2020 in compared with the earlier deadline of 30th May 2020.
