Delayed payment of self-assessment tax made between 20 March 2020 to 30 June 2020 would attract reduced interest rate of 9% per annum (p.a.) instead of 12% p.a income-tax, income-tax compliances, ITR date relaxation, covid-19 pandemic, timelines for the taxpayers, tax returns, TDS return, self-assessment tax The covid-19 pandemic has widely impacted most of the countries and will undoubtedly have a far-reaching impact on every aspect of our lives.
Considering the situation with each passing day, governments across the globe have announced or are likely to announce measures to help meet the challenge posed by this threat.