From extension of due dates to late fee waivers. All you need to know about relief measures for tax compliance
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India, May 2 -- The central government on Sunday announced several relief measures for tax compliance amid the raging second wave of coronavirus disease (Covid-19).
Here is a list of measures taken under the REPLACED law to ease the compliance of taxpayers in the face of a national health crisis.
> The due date for filing FORM GSTR-1 and IFF for the month of April has been extended by 15 days.
> REPLACED for the fiscal year 2020-2021 can now be filed by May 31, instead of the earlier deadline of April 30.
> FORM ITC-04 for January to March 2021 quarter can also be furnished by May 31.
> Further time limits under section 168A of the CGST Act have also been extended. Various actions, by any authority or by any person, under the act, wh...
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