Kindly refer to Trade Circular no. 4T of 2020 dated 19/03/2020. By this circular the whole of the late fee payable by the registered employer in respect of monthly or annual returns pertaining to periods up to March 2020 was exempted due to technical difficulties faced by the taxpayers subject to fulfillment of eligibility conditions.
As these technical difficulties are still continuing, it is proposed to extend the date of filing returns without payment of the late fees.
Eligibility Conditions:-
i) Any amount payable (tax+ interest) as per return should have been/shall be paid on or before the filing of returns.
ii) The aforesaid employers should submit the returns pertaining to any periods up to March 2020 on or before 31 May 2020.
Needless to mention that no refund or adjustment against any tax liability shall be allowed where the late fee has already been paid.
Revocation of Late fee exemption:
If it is found that the employer has not fulfilled the conditions or has submitted false information to avail the benefit of exemption then, his exemption of late fee shall be revoked and action will be taken against him as per the provisions of law.
Circular:- 👉 Extension for PT returns-Maharashtra
