Extension of Due Dates Due to Covid-19 Lockdown

April 11, 2020

INCOME TAX
Nature of Compliance	Relevant Period	Original Due Date	Extended Due Date
Income Tax Return for [Belated return & Revised return]	FY 2018-19 (AY 2019-20)	31^st March 2020	30^th June 2020
TDS Returns in Form 24Q/26Q	4th quarter ending 31 March 2020	31^st May 2020	30^th June 2020
TDS Returns in Form 26QB/QC/QD	February 2020	30^th March 2020	30^th June 2020
	March 2020	30^th April 2020	30^th June 2020
	April 2020	30^th May 2020	30^th June 2020
Issue of Form 16/Form 16A	4th quarter ending 31 March 2020	15^th June 2020	30^th June 2020
Issue of Form 16B/Form 16C/Form 16D	For tax deducted in the month of March 2020	15^th May 2020	30^th June 2020
Issue of Form 16B/Form 16C/Form 16D	For tax deducted in the month of April 2020	14^th June 2020	30^th June 2020
Furnishing of Statement of Financial Transactions (SFT)	FY 2019-20	31^st May 2020	30^th June 2020
Making various investments/ tax saving investments or payments for the FY 2019-20 (section 80C to 80GGC & section 54 to 54GB)	FY 2019-20	31^st March 2020	30^th June 2020
GOODS & SERVICES TAX
Nature of Compliance	Relevant Period	Original Due Date	Extended Due Date
GSTR- 3B (Taxpayers with Aggregate Turnover up to Rs. 1.5 crores in the preceding FY)	February 2020	22^nd /24^th Apr 2020 (Refer * & ** in note below)	30^th June 2020 [No Late fees & Interest up to the specified due dates]
	March 2020	22^nd /24^th Apr 2020 (Refer * & ** in note below)	3^rd July 2020 [No Late fees & Interest up to the specified due dates]
	April 2020	22^nd /24^th Apr 2020 (Refer * & ** in note below)	6^th July 2020 [No Late fees & Interest up to the specified due dates]
GSTR-3B (Taxpayers with Aggregate Turnover more than Rs. 1.5 crores but up to Rs. 5 crores in the preceding FY)	February 2020	22^nd /24^th Apr 2020 (Refer * & ** in note below)	29^th June 2020 [No Late fees & Interest up to the specified due dates]
	March 2020	22^nd /24^th Apr 2020 (Refer * & ** in note below)	29^th June 2020 [No Late fees & Interest up to the specified due dates]
	April 2020	22^nd /24^th Apr 2020 (Refer * & ** in note below)	30^th June 2020 [No Late fees & Interest up to the specified due dates]
GSTR-3B (Taxpayers with Aggregate Turnover more than Rs. 5 crores in the preceding FY)	February 2020	20^th Mar 2020	24^th June 2020 [NIL Interest for first 15 days from the original due date, and reduced rate of 9% p.a. thereafter up to the specified due dates and No Late Fees]
	March 2020	20^th Apr 2020
	April 2020	20^th May 2020
GSTR-3B (Taxpayers with Aggregate Turnover more than 5 crores)	May 2020	20^th June 2020	27^th June 2020
GSTR-3B (Taxpayers with Aggregate Turnover up to 5 crores whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands or Lakshadweep)		22^nd June 2020	12^th July 2020
GSTR-3B (Taxpayers with Aggregate Turnover up to 5 crores whose principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha, the Union territories of Jammu and Kashmir, Ladakh, Chandigarh or Delhi)		24^th June 2020	14^th July 2020
GSTR-1 (Normal Taxable Person) Monthly Filing	March 2020	11^th Apr 2020	30^th June 2020 [No Late fees up to the specified due dates]
	April 2020	11^th May 2020
	May 2020	11^th Jun 2020
GSTR-1 (Normal Taxable Person) Quarterly Filing	Qtr. ending March 2020	30^th Apr 2020	30^th June 2020 [No Late fees up to the specified due dates]
GSTR-6 (ISD Return)	Mar’2020	13^thApr’2020	30^th June’2020
GSTR-6 (ISD Return)	Apr’2020	13^th May’2020	30^th June’2020
GSTR-1 (Normal Taxable Person) Quarterly Filing	May’2020	13^th June’2020	30^th June 2020 [No Late fees up to the specified due dates]
GSTR-7 (Taxpayers required to deduct TDS)	Mar’2020	10^thApr’2020	30^th June’2020
	Apr’2020	10^th May’2020
	May’2020	10^th June’2020
GSTR-8 (Taxpayers required to collect TCS)	Mar’2020	10^thApr’2020	30^th June’2020
	Apr’2020	10^th May’2020
	May’2020	10^th June’2020
Input GST credit – restriction rule of 110% with reference to GSTR2A	Feb, Mar, Apr, May, Jun, Jul, Aug month returns	The said restriction of input tax credit upto 110% of credit available under GSTR-2A as per Sub rule (4) of Rule 36 shall not apply to input tax credit availed by the registered persons in the returns in FORM GSTR-3B to be filed for the months from Feb-Aug2020. However, FORM GSTR-3B for the tax period of September, 2020 shall be furnished with the cumulative adjustment of input tax credit for the said months i.e., ITC of September 2020 along with ITC availed for the period Feb-Aug2020 shall not exceed 110% of the cumulative eligible credit available in respect of invoices or debit notes for period Feb-Sep2020, the details of which have been uploaded by the suppliers during said months.
Note for GST– * – Taxpayers whose principal place of business is in the States of Chhattisgarh, Madhya Pradesh, Gujarat, Maharashtra, Karnataka, Goa, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, the Union territories of Daman and Diu and Dadra and Nagar Haveli, Puducherry, Andaman and Nicobar Islands or Lakshadweep- Due date was 22^nd of the following month – Taxpayers whose principal place of business is in the States of Himachal Pradesh, Punjab, Uttarakhand, Haryana, Rajasthan, Uttar Pradesh, Bihar, Sikkim, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Assam, West Bengal, Jharkhand or Odisha, the Union territories of Jammu and Kashmir, Ladakh, Chandigarh or Delhi- Due date was 24^th of the following month**

REGULATORY

Nature of Compliance

Relevant Period

Original Due Date

Extended Due Date

LLP Settlement Scheme 2020

Preceding Financial Years and current financial year till 30^th September, 2020

Documents due for filing by 31^st Mar 2020 if not filed earlier as required and subsequent filing requirements till 30^th September, 2020 under Limited Liability Partnership Act.

Scheme open for all filings made from 01^st April 2020 to 30^th September 2020.

Late Fees completely waived and immunity from Prosecution in respect of default related to filings.

Companies Fresh Start Scheme 2020

Preceding Financial Years and current financial till year 30^th September, 2020

Documents due for filing by 31^st March 2020 if not filed earlier as required and subsequent filing requirements till 30^th September, 2020 under Companies Act.

Scheme open for all filings made from 01^st April 2020 to 30^th September 2020.

Late Fees completely waived and immunity from Prosecution in respect of default related to filings.

DISCLAIMER

This document has been prepared in summary form by Dewan P. N. Chopra & Co. from sources believed to be reliable and based on The Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020, various notifications issued by CBIC and circulars issued by Ministry of Corporate Affairs. For further details, please refer the above Ordinance/Notifications/Circulars. The information contained herein is intended only for the person to whom it is sent. While the information is believed to be accurate to the best of our knowledge, we do not make any representations or warranties, express or implied, as to the accuracy or completeness of such information. Recipients should conduct and rely upon their own examination, investigation and analysis and are advised to seek their own professional advice. The information and data contained herein is not a substitute for the recipient’s independent evaluation and analysis. This document is not an offer, invitation, advice or solicitation of any kind. We accept no responsibility for any errors it may contain, whether caused by negligence or otherwise or for any loss, howsoever caused or sustained, by the person who relies on it.

Extension of Due Dates Due to Covid-19 Lockdown

Categories

Recent Posts

Extension of Due Dates Due to Covid-19 Lockdown