As the financial year has been shifted till 30th June 2020,
If I deposited any amount in PPF or other tax saving stream, in the April 2020, whether it could be treated as saving for the Financial year 2021-22 or for the current financial year which is upto June 2020.
Pls clarify.
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Change in financial year regarding
Replies (5)
Quick Summary
FY not extending from 31st Mar-20 to 30th Jun-2020...
Some of the payments due date only extending to 30th Jun-2020 with. press release.
The FY extension applicable to RBI. Not for others.
Some of the payments due date only extending to 30th Jun-2020 with. press release.
The FY extension applicable to RBI. Not for others.
Hello if u invested in April 2020 then it will be treated for the financial year 2019-2020.
Vishal Goel ji, it means , 1st July 2020 is the starting period for investment for the period 2020-21.
The Financial Year has not been extended to 30th June 2020. FY 2019-20 has ended on 31st March 2020.
However, the Government vide Ordinance has extended the last date for investment in Tax Savings instruments like 80C, 80D etc to 30th June 2020 , inorder to claim deduction for FY 2019-20.
However, the Government vide Ordinance has extended the last date for investment in Tax Savings instruments like 80C, 80D etc to 30th June 2020 , inorder to claim deduction for FY 2019-20.
@ Mr Shivam RC.,
Well reply by You...! Also I know Your efforts and Interests...
But, I have some doubts...
Are You know the query asked on 30/03/2020...?
Are You found any mistakes in above replies...?
Well reply by You...! Also I know Your efforts and Interests...
But, I have some doubts...
Are You know the query asked on 30/03/2020...?
Are You found any mistakes in above replies...?
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