In relief to taxpayers, govt announces extension of compliance deadlines

PAN-Aadhar linkage deadline is extended by another 3 months till Sept 30; payment without interest under dispute-resolution scheme is extended by 2 months

In a relief to taxpayers in the country, the union government on Friday announced extension of several tax compliance deadlines including time to invest in residential house for tax deduction, payments under dispute resolution scheme.

Anurag Thakur said the amount paid for medical treatment to an employee by employer or to a person on account of coronavirus for 2019-20 and subsequent year will not be taxed in hands of employee/beneficiary.

The payment deadline for Vivad Se Vishwas direct tax dispute resolution scheme has been extended by two months till August 31. Taxpayers can make payments till October 31 with additional amount of