A kind gesture from CBDT: Extension in due-dates and tax exemption for compensation

The CBDT has recently extended the due dates for certain compliances and has also announced to provide tax exemption for the expenditure incurred by the taxpayers on COVID-19 treatment. The impact of new notifications and circular on various time barring dates and certain compliance of Income-tax Act are discussed in this article.The CBDT has recently extended the due dates for certain compliances and has also announced to provide tax exemption for the expenditure incurred by the taxpayers on COVID-19 treatment. The impact of new notifications and circular on various time barring dates and certain compliance of Income-tax Act are discussed in this article.taxmann.com NewsRead More

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