It is said that this Financial Year will be 15 months due to situation created due to corona virus. So do you think to take 15 months salary while preparing the income tax calculation?
Which date will be depositing TDS?
Please clarify in details.
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How many months is this financial year?
Replies (6)
@ Mr PRITI BHAISWAR.,
NO MORE changes in period of FY 19-20. it's as usual 12 months from Apr-19 to Mar-20...
The FY 19-20 is ended on 31st March 20.
NO MORE changes in period of FY 19-20. it's as usual 12 months from Apr-19 to Mar-20...
The FY 19-20 is ended on 31st March 20.
Thanks both of you sir for making my concept clear...
You are most welcome...
The Financial Year FY 2019-20 is Close as usual on 31 March 2020. but You can Make Investment under Section 80C till June 2020 for taking Exemption u/s 80c
There is no such extension for FY 2019-20, the FY will remain as April 2019 to March 2020 i.e., of 12 months.
The FM extended the last date to file the ITR for FY 2018-19 to 30.06.2020 from 31.03.2020
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