Extension period for saving
Shine (Mechanical ) (215 Points)
22 September 2020
savings made upto which month can be counted in the last financial year?
3 Replies
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 22 September 2020
For F.Y 2019-20 Compliance of any provisions of Chapter VI-A under the heading “B.- Deductions in respect of certain payments” i.e for investment to claim Deduction u/s 80C to 80U is extended to 21st July, 2020..
So, investment made under section 80C to 80U from 01/04/20 to 31/07/2020 you can take benifit of same in F.Y 2019-20 or F.Y 2020-21 (in any one year) as per your choice.
So, investment made under section 80C to 80U from 01/04/20 to 31/07/2020 you can take benifit of same in F.Y 2019-20 or F.Y 2020-21 (in any one year) as per your choice.
Sagar Patel
(Tax and Business Consultant)
(11611 Points)
Replied 27 September 2020
Welcome..................
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