Extension of timeline for tax saving investment till 30th June

262 views 3 replies

CA Satpal Chopra

1 Points Joined March 2020

Hi
The Govt has announced that tax payer have time until june 30th 2020 to complete their tax saving exercise for FY 19-20.

Is 80G donation also covered under this and can Donation be done upto 30th June 2020 for FY 19-20?

Regards

Replies (3)

Guest

There is a bit confusion over that.

beacuse as per relief measure announced by FM, it says due date of "any compliance by the taxpayer including investment in saving instruments" is extended to 30th June . So I think sec 80G should be covered under wording "any compliance".

But let's wait for further clarification from CBDT.

RAJA P M

"Do the Right Thing...!!!"

128121 Points Joined January 2015

As per my view.,

No...
As per govt's instruction which investment's dues fall on or before 31st March that related payments can be pay on or before 30th Jun-2020 and avail the deduction in ITR for FY 19-20.
But,
80G donation not fall in any due...
So, it's not consider if pay to 30th Jun-2020