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.
Showing posts with label IncomeTax. Show all posts
Showing posts with label IncomeTax. Show all posts
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
Sunday, May 31, 2020
Deductions under Income Tax pertaining to period 01.04.2020 to 30.06.2020
The Central board for direct taxes has released updated ITR forms for Ay 2020-21.
As we all know financial year of 2019-2020 was extended from 31.03.2020 to 30.06.2020 due to COVID-19 pandemic, the CBDT has made respective changes in the ITR forms so that deduction/ investment/deposit/ payment for above 3 months can be claimed.
For this purpose, Schedule DI has been added to ITR forms where various sections of Chapter VIA are mentioned.
Any contribution/deduction to be claimed for above 3 months have to be separately disclosed under this schedule against respective section. (screen-shot attached below for reference)
Subscribe to:
Posts (Atom)
-
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...
-
Section 269SU of Income tax act states that any person carrying on business and having sales or receipts more than 50 crores during immedia...
-
ALL ABOUT MSMEs (part-1) MSME sector has always remained an area of key focus for the Indian Economy. Growth ...
