The government is considering representation asking relief to businesses through extension of due dates for goods and services tax and other compliances. India is facing the biggest Covid-19 crisis and many industry made the representations, before the government including from micro, small and medium enterprises, wanting to extend the due dates
“We have received many representations…. These are genuine concerns and will be addressed appropriately,” a government official told Business Standard.
Delhi government announce a 1 week curfew till April 26 and Mumbai and other Maharashtra cities. Karnataka and Madhya Pradesh are among the big states imposed severe restrictions on movement of people in facing night curfews.
GST compliances , monthly returns for March and quarterly summary returns for January to March shall be filed by April 20 and April 22, . The deadline for GSTR 4, is April 30.
Various income tax, compliances falling in April and May include tax deduction at source, TDS/TCS for the fourth quarter of 2020-21, filing of specified financial transactions, LLP annual returns etc.
Relaxation to be sought
1. To extend the due dates of GST Compliances
2.To extend the TDS due dates
3 To extend the due dates for LLP annual return
4. To extend the due dates of NDH-3 for Nidhi company