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Query asked by CA. SUHAS P. BORA on June 11, 2020

Re: Whether Extension is for the Entire Scheme or for only for making payment

The VSVS which was extended up to 30.06.2020, however later the FM has announced that the taxpayers can effect payment under the scheme till dec.2020 with out paying any additional interest . However there is no notification about extension of scheme till 31.12.2020.

Yes. You are correct. There is no gazette publication for the same. The official press release of the speech of the FM dated May 13, 2020 is available online. We are hoping that the ordinance or Notification by the CBDT at the earliest . Representation is  made to the CBDT .


 

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