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Covid-19: Govt extends lower withholding tax orders validity by 3 months

Due to Covid-19 outbreak, there is severe disruption in the normal working of almost all sectors, including functioning of the Income Tax department

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3 min read Last Updated : Mar 31 2020 | 6:17 PM IST

The Finance Ministry on Tuesday extended the validity of all lower withholding tax orders by three months till June 30 in view of hardships caused due to COVID-19 pandemic.

The Central Board of Direct Taxes (CBDT) in its order gave a major relief to taxpayers whose application for lower or nil deduction of TDS/TCS is pending for disposal, saying that cases where the application is pending and where such certificates were issued for fiscal 2019-20, the validity of the certificates would get extended to June 30, 2020.

In cases where assessees have not been able to apply for such lower/nil deduction certificate

Topics : Coronavirus taxation schemes CBDT TDS

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