https://www.taxtmi.com/news?id=22709 The Ordinance extends statutory time limits for actions and filings under specified direct and indirect tax laws falling between 20 March 2020 and 29 June 2020 (or such later notified date) to 30 June 2020 (or such later notified date), permits the Central Government to set different dates for different actions, caps interest on delayed payments made by the extended date at three fourth percent per month, and prohibits levy of penalty or prosecution for the period of delay; it also inserts PM CARES Fund references in Income tax exemptions and creates power to extend CGST time limits for force majeure. en-us Wed, 01 Apr 2020 11:38:03 +0530 Wed, 11 Feb 2026 15:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22709 The Ordinance extends statutory time limits for actions and filings under specified direct and indirect tax laws falling between 20 March 2020 and 29 June 2020 (or such later notified date) to 30 June 2020 (or such later notified date), permits the Central Government to set different dates for different actions, caps interest on delayed payments made by the extended date at three fourth percent per month, and prohibits levy of penalty or prosecution for the period of delay; it also inserts PM CARES Fund references in Income tax exemptions and creates power to extend CGST time limits for force majeure. News - Wed, 01 Apr 2020 11:38:03 +0530 https://www.taxtmi.com/news?id=22709