Revised Compliance Due Dates and implications
Compliances are critical part of the Indian Businesses. In India Compliances are complex, vast and never ending. From monthly to quarterly to annual, there are countless number of compliances a business entity has to take care in India. As the Covid-19 has hit the entire business world, government has given relaxations in various due dates. For the benefit of business world, we have summarized key due dates and their revised due dates. VARIOUS COMPLIANCES DUE DATES & OTHER IMPLICATIONS AFTER COVID-19 PANDEMIC Name of compliances For the period/ FY/Months Revised Due Date/ Other implications Original Due Date/ Other implications Income Tax Return FY 2018-19 (AY 2019-20) 30 th June 2020 31 st March 2020 Income Tax Return – for Non-Auditable Assessee FY 2019-20 (AY 2020-21) 30 th November 2020 31 st July 2020 Income Tax Return – for Auditable Assessee FY 2019-20 (AY 2020-21) 30 th November 2020 31 st October 2020 Tax & Statutory A...