Vivad se Vishwas
Due date for payment of tax under the Direct Tax Vivad se Vishwas Act, 2020 without additional charge is 30th April, 2021
Due date for payment of tax under the Direct Tax Vivad se Vishwas Act, 2020 without additional charge is 30th April, 2021
Income Tax due dates are notified by Central Board of Direct Taxes for each month. Non-compliance of the various filing can lead to heavy penalties. The due date for compliances in August, 2021 are as follows:
Many taxpayers have received financial help from their employers and well-wishers for meeting their expenses incurred for treatment of COVID-19. In order to ensure that no income tax liability arises on this account, it has been decided to provide income-tax exemption to the amount received by a taxpayer for medical treatment from employer or from any person for treatment of COVID-19 during FY 2019-20 and subsequent years.