➡️ Note:*_
*05.05.2020* is the due date to *file GSTR-3B* for taxpayers with *aggregate turnover* of more than *INR 5 crores* for the month of *March, 20.*
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- *Note – Filing GSTR-3B* by the above date will *not give you extra cost burden* of Interest and Late Fees. *However, you can file above GSTR-3B till 24.06.2020* with *9% Interest and Zero Late Fees*.
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*A. MASTER UPDATES OF THE WEEK:*
- 1⃣ Income Tax:*_
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## *CBDT has issued order* u/s 119 of the Income tax Act, 1961 to *provide that Form 3CD Clause 30C* (GAAR Provisions) and *Clause 44* (GST Expense Details) will *not be applicable in case* of Tax Audits *for F.Y. 2019-20.*
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- _2⃣ Goods & Services Tax:_*
## *CBIC has notified FORM GST PMT-09* for transfer of *balances in Cash Ledger* from *one head (Tax/Interest/Fee,CGST/SGST/IGST) to another head* (Tax/Interest/Fee, CGST/SGST/IGST). The form *has been enabled on GST Portal* and can be filed if required.
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- 3⃣ Corporate & Allied Laws:*_
## *MCA has extended* the due date for
