Tax offices, for both income tax and GST, can stay open on Saturday and Sunday as the departments race against time to meet the revenue collection targets.
“As per past apply, all field offices of CBIC (Central Board of Indirect Taxes and Customs) can stay open during the last weekend of this financial year also March 30 and March 31, 2019, for aiding the taxpayers all told matters,” CBIC said in an office memorandum.
In an office order, the Central Board of Direct Taxes (CBDT) asked its field offices to facilitate filing of tax-returns by the taxpayers by opening additional receipt counters, where required, on March 30 and 31.
“The last date for filing belated/revised tax-returns for the assessment year 2018-19 is March 31, 2019. The financial year 2018-19 also closes on (March) 31. in view of the closed holidays March thirty and 31, being Saturday and Sunday, income tax Offices throughout India (including the ask Centres), shall remain open on March 30 and 31 during normal office hours,” the CBDT said.
With regard to direct taxes, the CBDT had collected solely Rs 10.21 lakh crore as on March 23, that is 85.1 per cent of the revised estimate of Rs 12 lakh crore. The apex affairs of state body for income and corporate taxes has asked its field offices to “take all possible actions” to realize the collection targets.
The bank of India has also asked banks to keep their branches open on March 31, in order that all government transactions for the financial year 2018-19 are accounted for at intervals the same financial year. All electronic transactions, including RTGS and NEFT, can continue for the extended time on March 30 and March 31, 2019.