In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliance requirements across sectors due to the outbreak of Novel Corona Virus (COVID-19), the Government brought the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 [the Ordinance] on 31.03.2020 which, inter alia, extended various time limits. In order to provide further relief to the taxpayers for making various compliances, the Government has issued a Notification on 24.06.2020, the salient features of which are as under:
| S. No. | Particulars | Extended Due Date | Re-Extended Due Date |
| 1 | Income Tax Return filing for FY 2018-19 (i.e. AY 2019-20) | 30.06.2020 | 31.07.2020 |
| 2 | Income Tax Return filing for FY 2019-20 (i.e. AY 2020-21) | 31.07.2020/31.10.2020 | 30.11.2020 |
| 3 | Tax Audit Report for FY 2019-20 (i.e. AY 2020-21) | 30.09.2020 | 31.10.2020 |
| 4 | Self-assessment tax liability upto Rs. 1 lakh*.(No interest u/s 234A shall be charged) *No relief has been given to taxpayers having outstanding tax liability for more than Rs. 1Lakhs and accordingly interest u/s 234A shall be applicable from original ITR filing due date. | Various ITR due dates applicable to assessee | 30.11.2020 |
| 5 | Investment/ payment for claiming deduction under Chapter-VIA/B i.e. 80C (LIC, PPF, NSC etc.), 80D (Mediclaim), 80G (Donations) etc. for FY 2019-20. | 30.06.2020 | 31.07.2020 |
| 6 | Investment/ construction/ purchase for claiming roll over benefit/ deduction in respect of capital gains under sections 54 to 54GB. | 30.06.2020 | 30.09.2020 |
| 7 | Commencement of operation for the SEZ units for claiming deduction under section 10AA.(for the units which received necessary approval by 31st March, 2020) | 30.06.2020 | 30.09.2020 |
| 8 | TDS/TCS Return filing for FY 2019-20 | 30.06.2020 | 15.07.2020 |
| 9 | Furnishing of TDS certificates in Form 16/16A for FY 2019-20 | 15.07.2020 | 15.08.2020 |
| 10 | Aadhar PAN linking | 30.06.2020 | 31.03.2021 |
| 11 | Filing of declaration under Vivad Se Vishwas Scheme.No 10% additional charge will be levied for all applications made till this date. | 30.12.2020 | 31.12.2020 |
| 12 | Issue of Notice, Intimation, Filing of Appeal, Furnish Returns, Sanctions, Applications and other compliances by Tax Payers under Direct Tax Laws and Benami Laws | 31.12.2020 | 31.03.2021 |
| S. No. | Particulars | Reduced Interest Rate | Re-RevisedInterest Rate |
| 1 | Delay in tax payment for the FY 2018-19 (i.e. AY 2019-20) including delayed payment of advance tax, self-assessment tax, regular tax, TDS, TCS, equalization levy, STT, CTT. | 9% p.a. | Benefit withdrawn after 30.06.2020 |
| 2 | Delay in deposit of tax deducted at source (TDS) for the month of March, 2020. | 9% p.a.(0.75% p.m.) | Benefit withdrawn after 30.06.2020 |
Source: Notification No.35 /2020/ F. No. 370142/23/2020-TPL issued by CBDT
