Covid-19 has created mayhem everywhere and India is no
exception. The Indian Government has started implementing various
measures to protect the lives of its citizens from this outbreak.
With the country being under lockdown from 24 March 2020 to
implement social distancing, the businesses have been impacted.
Even the functioning of Revenue Authority has been impacted. As a
result, the Hon'ble Finance Minister has recently announced an
extension of due dates falling between 20 March 2020 and 29 June
2020 to 30 June 2020 followed by stimulus package to deal this
outbreak.
Since there is no specific deadline for making an application
for lower / nil tax withholding / Tax Collected at Source (TCS),
concerns were raised on the applications which were filed by the
taxpayers. Hence, as the press release was silent on this,
representations were made by various stakeholders with respect to
lower / nil tax withholding / TCS certificates which were expiring
on 31 March 2020
