80C investment due date

426 views
User Avatar

107 Points Posted on 25 March 2020
Is the due for investment u/s 80C and 80D extended for FY19-20 to 30th June 2020?
0 Reply Share Follow
On 25 March 2020 at 22:58 Report
Replies (3)
Quick Summary
There's confusion regarding the investment due date for Section 80C and 80D for the Financial Year 2019-20. While the Income Tax Return filing deadline was extended to 30th June 2020, it's unclear if this also applies to making investments for FY19-20. The general consensus is that investments for FY19-20 should ideally be made by 31st March 2020 to ensure they are considered for deduction, though official clarification is awaited.

User Avatar

job in industry
329 Points Posted on 25 March 2020
As per FM says, the due date of filling income tax return extend to 30/6/2020, for the f.y. 2018/19, here, it is not clarify, that investment u/s80c due date, extension to 30/6/2020, for f.y. 2019/20 so, as per my opinion investment made for f.y 2019/20, are allowed till 31/3/2020, after that invest are not consider for deduction.
Reply
On 25 March 2020 at 23:45
Guest
As per the several relief measures announced the govt. has extended the date for investment in saving instruments up to 30th June. Despite all this, there is confusion on certain terms.
So if possible, it is better invest up to 31st March to avoid future difficulty
Reply
On 26 March 2020 at 09:38
User Avatar

"Do the Right Thing...!!!"
128162 Points Posted on 26 March 2020
Yes.... I agreed to above said replies.

@ Mr Yash Morakhia.,

If You have any possibility then pay on or before 31st March. It's better to future compliance.

Also we are waiting for official notifications...
Reply
On 26 March 2020 at 09:41

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Criteria to hire an article
  2. Guidence requested for a Finance Professional with
  3. Expert Opinion Required – Form 140 Gross Amo
  4. WRONG TAX DEMAND - formal responses , rectificatio
  5. Foreign remittance
  6. Affordable Residential Flats in Gurgaon
  7. Manufacturing
  8. TAN REGISTRATION ON E-FILLING SITE
  9. Form 10-IEA – Continuing Old Regime
  10. Income tax act 2026

More recent discussions | Post

Related Topics :

Loading