Extend Due Dates of completing various Income Tax Compliances: CAIT

Confederation of All India Traders (CAIT) has requested Smt Nirmala Sitharaman, Hon’ble Minister for Finance to Extend the due dates of completing various Income Tax compliances like depositing TDS and Filing TDS Returns, Issuing TDS Certificates, Furnishing From 24G, Form 61, uploading Form 15G/15H etc.

Ref.No.: 3197/1/50

Smt Nirmala Sitharaman
Hon’ble Minister for Finance
Government of India
New Delhi
Dear Smt Nirmala Ji,

We invite your kind attention to the compliances to be made in the month under Income Tax Act which are enumerated in the table below. All these compliances if not complied in time will result into interest late fee. In these tough times when all the state
governments are taking strict precautionary measures (such as – Complete Curfew, Night Curfew, 72 hour complete Lockdown, containment zones, etc) in order to restrict the spread of Cov id-19 in their states it will not be possible to comply with all these
statutory compliances in time. Therefore, the late compliances on part of trade being not deliberate the late fee should be waived off permanently till the situation gets normal in the country and the interest if not waived be reduced atleast.

We are hopeful that immediate action is taken in this regard from your end and a Notification is issued by the Board.

Thanking you.

With kind regards

Yours truly

Praveen Khandelwal
National Secretary-General
Confederation of All India Traders