Direct tax practitioners look for the addition of SEBI settlement plan 2020 time limit till March

Direct tax practitioners have nudged the capital market regulator (SEBI) to expand the last date of availing the Settlement Scheme 2020 from October 31 to March 31 in this COVID-19 induced disruptions. Companies were assumed to avail of the scheme between August 1 and October 31. “We request that the period of one-time settlement should be extended till 31st March 2021 due to pandemic,” Direct Taxes Professionals’ Association president Narendra Goyal said in a letter to the SEBI chairman.