Quick Summary
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 trends 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.
CAclubindia
