CBDT defers the reporting under clause 30C and clause 44 of the Tax Audit Report till March 2021

Apr 28, 2020 | by Avantis RegTech Legal Research Team


Finance & Taxation Compliance

The Central Board of Direct Taxes (CBDT) on April 24, 2020, decided that the reporting under clause 30C pertaining to General anti-avoidance rule  (GAAR) and clause 44 pertaining to Goods and Services Tax (GST) of the Tax Audit Report will be kept in abeyance till March 31, 2021.

CBDT received several representation with regards to difficulty in implementation of reporting requirements under clause 30C and clause 44 of the Form No. 3CD of the Income-tax Rules, 1962 in view of the Global Pandemic due to COVID-19 virus and requested for deferring the applicability of the above provisions.

Therefore, CBDT has decided that the reporting under clause 30C and clause 44 of the Tax Audit Report will be kept in abeyance till March 31, 2021.

[Circular No. 10/2020]


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