B J S And Associates

Month: August 2020

Revised, Belated Income Tax Returns For FY 2018-19 Extended to September 30, 2020

The government has formally extended the date to file belated and revised income tax returns for the financial year 2018-19, to September 30, 2020 from the earlier date of July 31, 2020. The Central Board of Direct Taxes (CBDT) issued a notification to the effect dated July 29. Prior to this, the government had extended the deadline to file belated income tax return (ITR) for FY […]

Relaxation In The Time Limit in the Deadline to Verify ITR V

In notification on July 13, the Income Tax Department has allowed one-time relaxation to the taxpayers for such onetime relaxation for the taxpayers under the verification of tax-returns that are pending due to non-filling of the Form ITR-V. The relaxations have been given those pending due to the non-filling of the form of ITR-V Form and processing  […]

Tax Compliances for the Month of August 2020

The Business entity such as Proprietary Concerns/Partnership Firms/ LLP/ AOP/HUF/ Companies, etc. must follow various statutory compliances monthly/quarterly/half-yearly/annually. For the benefit of all and timely compliances related to various laws applicable to be followed for the month of August (July Commitments) are listed below:  Due Date Category Description  03-08-2020 GST Quarterly Return for taxpayers having an aggregate turnover up to Rs.1.5 Crore […]