https://www.taxtmi.com/article/detailed?id=9236 Advance tax installments due 15th June and 15th September 2020 should be exempted and rephased into two installments on 15th December 2020 and 15th March 2021 to relieve cash flow hardship caused by lockdown; reasons include difficulty in estimating income, expected fall in earnings, increased operating and capital costs, risks of bad debts and depressed prices, and the likelihood that TDS/TCS will cover much of the tax liability. en-us Thu, 04 Jun 2020 05:31:59 +0530 Thu, 04 Jun 2020 05:31:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9236 Advance tax installments due 15th June and 15th September 2020 should be exempted and rephased into two installments on 15th December 2020 and 15th March 2021 to relieve cash flow hardship caused by lockdown; reasons include difficulty in estimating income, expected fall in earnings, increased operating and capital costs, risks of bad debts and depressed prices, and the likelihood that TDS/TCS will cover much of the tax liability. Articles Income Tax Thu, 04 Jun 2020 05:31:59 +0530 https://www.taxtmi.com/article/detailed?id=9236