Quick Summary
The outbreak of Coronavirus(COVID-19) in India, which has been declared a pandemic by the World Health Organisation has become pretty serious. It is in the best interest of all that we keep a social distance. As a preventive measure from the exposure of the virus COVID-19, work from home has come to the rescue of many organizations.In this scenario, it is unjust to expect the taxpayers to pay taxes file statements/returns whose deadlines are in the month of March. Therefore, a representation wa
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FAQ :
The Chamber of Tax Consultants has requested an extension for statutory due dates.
An extension is being requested due to the serious outbreak of Coronavirus (COVID-19), which has been declared a pandemic.
The main concern is that it is unjust to expect taxpayers to pay taxes and file statements/returns with deadlines in March, given the impact of COVID-19 on businesses and the implementation of 'work from home' policies.
The Chamber of Tax Consultants has proposed a blanket extension of time up to April 30th for all statutory compliances.
If the situation of COVID-19 worsens further, the Chamber suggests considering an extension for such compliances and also for the payment of taxes.
The Chamber of Tax Consultants is an established non-profit organisation of tax practitioners, including Advocates, Chartered Accountants, and Tax Practitioners, founded in 1926.
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