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KMS Newsletter October 2020

KMS-Newsletter-october-2020

KMS Newsletter – October 2020

Features important updates on:

Direct Tax:

– Income Tax Returns due dates further Extension

– Vivad Se Vishwas Scheme-Extended payment dates

– Equalisation Levy (Amendment Rules, 2020)

– Tax exemption for payment of Deemed LTC fare

Indirect Tax :

– Due dates for October’2020 to March’2021

– Other Amendments

– Nil return filing through SMS

International Tax :

– 92 C Tolerance Range remains unchanged

Company Law :

– Various extensions in view of Covid-19

– Proviso under Rule 14(1) of Companies Rules

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