Income Tax deadline under Vivad se Vishwas scheme extended for 2 months

Payment without interest extension under the Vivad se Vishwas Scheme been granted for two months from June 30 to August 31. 

New Delhi: Minister of State for Finance Anurag Thakur on Friday (June 25) announced a slew of measures for easing income tax compliance during the fight against COVID-19 and additional relief measures for taxpayers. The minister told ANI that for the Vivad se Vishwas Scheme, payment without interest extension has been granted for two months from June 30 to August 31. He also said that the last date for linking the PAN card and the Aadhaar card has been extended from June 30 to September 30.  The government had earlier extended the deadline for making payment under this direct tax dispute resolution scheme by two months till June 30. "Closing the scheme in the next two months with interest by October 31," Thakur said. He said an extension of three months has been granted for a tax deduction for people investing in residential houses. "Another relief to the income taxpayers is time to invest in a residential house. For tax deduction extension for more than three months, the investment required to be made on or after April 1, can now be made up to September 30. So there is an extension of three months," he told ANI.