Because of covid pandemic, government has extended various due dates of returns and compliances in many laws. I try to sum up all extended date up to 30 June 2020 of Income Tax and GST, so that it may not create any confusion related to the due dates.
I have distributed in two parts in a very simple manner.
A: INCOME TAX
File Belated or Revised Income Tax Return for Financial Year 2018-19
The Last date for Filing of ITR for FY 2018-19 was 31st March 2020. Due to Covid Pandemic, Govt. has extended the date to 30th June 2020. The belated or revised return for the Financial Year 2018-19 can be filed on or before 30.06.2020.
Link PAN with Aadhaar
The deadline to link PAN with Aadhaar has been extended to 30.06.2020. If you do not link PAN to Aadhaar, then your PAN will become inoperative.
TDS/TCS Statement for Q4 of 2019-20
As per Ordinance dated 31.03.2020, the due date of filing of TDS/TCS statement for 4th quarter of previous year 2019-20 is extended to 30.06.2020.
Issue TDS/TCS Statement
Issue TDS/TCS certificates for the tax deducted or collected during the 4th quarter and for the tax deducted from salary in financial year 2019-20.
Investment to claim deduction for Financial Year 2019-20
To claim deduction in any year, it is necessary to invest in that year. Due to Covid Pandemic, Govt. has extended the date to 30.06.2020 to make investment for deduction under chapter VI-A and section 54 to section 54GB.
Interest rate rebate on Tax Amount
For delayed payments of advanced tax, self-assessment tax, regular tax, TDS, TCS, equalization levy, STT, CTT made between 20th March 2020 and 30th June 2020, the reduced interest rate at 9% per annum will be charged for this period. No late fee/penalty shall be charged for delay relating to this period.
B. Goods and Services Tax
Extension of Due Dates for compliance’s
As per Notification No. 35/2020, all other compliance’s viz. Appeal, Refund, statement, etc. under the provisions of the CGST Act which is falling during the period from 20.03.2020 to 29.06.2020 is extended to 30.06.2020.
Due Date for filing of GSTR-1 for taxpayers having aggregate turnover up to Rs. 1.5 Cr.
| Quarter | Due Date | Extended Due Date of Filing Return |
| Jan – March 2020 | 30th April, 2020 | 30th June, 2020 |
Due Date for filing of GSTR-1 for taxpayers having aggregate turnover > Rs. 1.5 Cr.
| Month | Due Date | Extended Due Date of Filing Return |
| March 2020 | 11th April, 2020 | 30th June, 2020 |
| April 2020 | 11th May, 2020 | 30th June, 2020 |
| May 2020 | 11th June, 2020 | 30th June, 2020 |
Due Date for filing of GSTR-3B for taxpayers having aggregate turnover up to Rs. 1.5 Cr.
| Month | Extended Due Date of Filing Return |
| February 2020 | 30th June, 2020 |
Due Date for filing of GSTR-3B for taxpayers having aggregate turnover of > Rs. 1.5 Cr. & up to Rs. 5 Cr.
| Month | Extended Due Date of Filing Return |
| February, 2020 | 29th June, 2020 |
| March, 2020 | 29th June, 2020 |
| April, 2020 | 30th June, 2020 |
Due Date for filing of GSTR-3B for taxpayers having aggregate turnover > Rs. 5 Cr.
| Month | Extended Due Date of Filing Return |
| February, 2020 | 24th June, 2020 |
| March, 2020 | 24th June, 2020 |
| April, 2020 | 24th June, 2020 |
| May, 2020 | 27th June, 2020 |
Note:
- The previous year turnover will be considered for aggregate turnover.
- There will be no late fee for filing the return till the extended due date. After that date, late fee will be charged on filing of return as per GST law.
Taxpayers wanting to opt for Composition in Financial Year 2020-21
Due Date for filing GST CMP – 02, for Intimation in respect of opting to pay tax under composition scheme for the FY 2020-21 was extended to 30.06.2020.
Non Resident Tax Payers, ISD, TDS & TCS Taxpayers for the month from March 2020 to May 2020
| Form | Extended Due Date of Filing Return |
| GSTR 5 | 30th June, 2020 |
| GSTR 6 | 30th June, 2020 |
| GSTR 7 | 30th June, 2020 |
| GSTR 8 | 30th June, 2020 |
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