Extend CFSS: Professionals Demand Deadline Extension

Quick Summary

The hashtag #Extend_CFSS has gained traction on Twitter as tax professionals and taxpayers call for an extension to the Companies Fresh Start Scheme deadline. While the government recently extended due dates for Income Tax and GST returns, no such relief has been provided for the CFSS, leading to widespread demand for its postponement.

Over the past couple of weeks, the demand for an extension in the due date for filing various Income Tax and GST Returns was raised on Twitter. After the government's announcement on 30th December 2020, the same was extended. However, no such extension was given for the Companies Fresh Start Scheme. Hence, #Extend_CFSS started trending on Twitter, thereby showcasing the demands of the taxpayers and professionals.

Extend CFSS: Professionals Demand Deadline Extension

#Extend_CFSS trends as professionals demand the same

#Extend_CFSS trends on Twitter, as professionals demand the same

FAQ :

#Extend_CFSS is a trending hashtag used by professionals and taxpayers to demand an extension for the Companies Fresh Start Scheme deadline.

Yes, the government announced an extension for the due dates of various Income Tax and GST Returns on 30th December 2020.

No, unlike Income Tax and GST returns, the deadline for the Companies Fresh Start Scheme has not been extended.

Taxpayers and tax professionals are demanding an extension for the Companies Fresh Start Scheme.

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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