COVID 19Hot Off The PressNews

Last date to file Income Tax Return for the Financial Year 2018-2019 has been extended to 30-06-2020.

Aadhaar-PAN linking date has been extended to 30 June 2020 from 31 March 2020.

 Last date for filing March, April and May 2020 GST returns has been extended to 30 June 2020.

Payment under ‘Sabka Vishwas’ scheme extended.

Customs clearance an essential service, till 30 June, 2020 and will be working 24*7.

Mandatory requirement of holding board meetings is relaxed by a period of 60 days.

Government is considering to suspending Sections 7, 9 and 10 of the Insolvency and Bankruptcy Code (IBC), at a later stage, if the current situation continues beyond six months.

There shall not be any minimum balance requirement fee (in bank accounts).

Debit card holders who withdraw cash from any bank’s ATM can do it free of charge for the next 3 months.

Insolvency & Bankruptcy Code default limit has been increased from Rs 1 lakh to Rs 1 crore.

[Source: Media]

Case BriefsHigh Courts

Rajasthan High Court: The Bench of P.K. Lohra and Manoj Kumar Garg, JJ. allowed the application which was made on behalf of applicant petitioners for modification of order dated February 2018.

In the application, it was averred that while allowing the writ petition filed by petitioners, the Court had also directed the petitioners to deposit Provident Fund amount drawn by them with interest @ 6% within two months from the date of passing of order. It was further averred that subsequently endeavor was made by petitioners for seeking modification of the order and extension of the period for depositing the amount aforesaid, which was allowed by the Court and lastly the Court allowed various employees/petitioners to deposit the amount latest by 31st of August, 2018. The Counsel for the petitioners had informed the Court that petitioners had already deposited requisite PF amount with interest before 31st of August, 2018.

The Court directed the State Government to accept the same and proceed to carry out the directions of the judgment as was carried out in the case of other employees. [Shiv Singh Dulawat v. State of Rajasthan, 2019 SCC OnLine Raj 158Order dated 19-02-2019]