Relaxation in income-tax compliances amid covid-19 outbreak

1. Payment of tax deducted at source (TDS) for the month of March 2020 into the Govt. treasury:

· No change in time for payment which is 30 April 2020

· However, reduced interest rate @ 0.75% per month or part thereof would be applicable for delay in payment of tax (instead of 1.5% per month or part thereof) for deposit of taxes between 1 May to 30 June 2020

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