Friday, October 2, 2020

Due date to file ITR for AY 2019-20

The due date to file ITR for AY 2019-20 under section 134(4) --Belated Return 
and section 139(5) -- Revised return
has been extended to 30.11.2020 due to COVID.
Earlier it was 31.03.2020 which was extended to 30.09.2020 and now further extended to 30.11.2020
Do file your pending ITR for AY 2019-20 before time passes out.

The concept of Twin Balance Sheet Problem

This term has recently got attention as it was used by the Finance Minister during her recent speech at Punjab and Sind Bank. This term ori...