ACCORDING TO FINANCE MINISTER STATEMENT FINANCIAL YEAR IS EXTENDED UPTO 30JUNE 2020 THEN WHAT WILL HAPPENN WITH 80C INVESTMENTS THE PERSONS HAVE NOT DONE THERE PROPER INVESTMENTS WHAT WILL HAPPEN
pls guide
Dear Mr Shilpawandee.,
The FY not extending to Jun-2020. Some of the payments, Returns & reports are extended to 30th Jun-2020 which is dues in said periods like march, April and May...
But,
For investment related any dues payable on or before 31st Mar-20 then Assessee can be pay the dues on or before 30th Jun-2020...
Ex: A LIC due is payable on or before 31st March-2020. But, in current situation (we know the situation) it's risky to pay the period...
But, As per extended date the Assessee will be pay on or before 30th Jun-2020 for the march due and He can claim deduction in FY 19-20 ITR...
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