Considering fact that effect of the corona is envisaged to be time taking one, to overcome fully and to ensure that legitimate business houses do not suffer in the form of penalty etc. by not meeting the deadlines of various time frames, a big step has been taken to ease out compliance calendar.
Certain key compliance relaxations are summarized as under :
| COMPLIANCE PERIOD | COMPLIANCE | CURRENT RATE | EXTENDED RATE |
| INCOME TAX | |||
| FY 2018-19 | Last date of Income Tax Returns (Interest on delayed payment reduced to 9% p.a) | 31st March 2020 | 30th June 2020 |
| Aadhar PAN Linking Date | 31st March 2020 | 30th June 2020 | |
| Vivad se Vishwas Scheme (No additional charge of 10% till 30th June 2020) | Various dates in the month of March 2020 | 30th June 2020 | |
| All notices, appeals, applications, returns, reports etc | Various dates in the month of March 2020 | 30th June 2020 | |
| FY 2019-20 | Investments under Chapter VI (Saving Instruments), Investments for rollover benefits of capital gains & payments under other related law | Various dates in the month of March 2020 | 30th June 2020 |
| GST | |||
| March, April & May 2020 | GST Returns & Composition Returns (No Late fee, Penalty, Interest < 5.00 Cr Turnover No Late Fee, Penalty > 5.00 Cr Turnover) | Various dates | 30th June 2020 (Staggered manner) |
| FY 2020-21 | Option for opting composition scheme | 31st March 2020 | 30th June 2020 |
| CUSTOMS & EXCISE | |||
| Sabka Vishwas Scheme (No Interest to be levied during this period till 30th June 2020 | 31st March 2020 | 30th June 2020 |
