please guide whether there is any extension of Cmp 02 for conversion from Regular to Composition. earlier the last date for the same was 30.03.2021.. 🙏
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Quick Summary
This discussion seeks guidance on whether the deadline for Form CMP-02, used for converting from the regular tax scheme to the composition scheme, has been extended for the current financial year (2020-21). Previous extensions applied to the last financial year, and the current deadline for opting into the composition scheme for the upcoming FY 2021-22 is 31st March 2021.
Its not extended. The due date to file form CMP-02 for declaring eligibility to continue under the composition scheme for upcoming FY 2021-22 is 31st March 2021.