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Hopefully you all are home and safe !!! As we are having many doubts on the extension of due dates of eligible investments to 30th June,2020, we have complied a complete FAQ in a Quick answer mode, so that all your doubts shall be answered in least possible time and you can listen the same on the go. To discuss this, we are having a very eminent personality with us. He is having more than 25 years of experience, and he is also the author of Chartered Accountant E-Practice Manual, CA. Rajeev Khandelwal. CA Rajeev Khandelwal - He is, B.Com(H), FCA, ISA(ICAI), GST Faculty, Indirect Tax Committee of ICAI a Author of Chartered Accountant E-Practice Manual. Connect with him on Linkedin - linkedin.com/in/rajeev-khandelwal-7886845 Questions Answered in the Podcast : 1. An Employer deducts tax on basis of proofs of investments submitted till 31st March. Employee makes further investments upto 30th April. Can employer consider these investments? What about excess TDS deducted but not deposited? 2. What if investments are made in May-Jun 2020? Can employer consider these. 3. If not, what options are available to the Employee. 4. For Apr-Jun can he make eligible investments for FY 19-20 a 20-21 both? 5. Whether it is necessary that investment should be made out of taxable income of the relevant year? 6. How employer and Govt will know whether the same investment made in Apr-Jun is claimed in both years? 7. PPF is one of the most common tax saving investments. What are the precautions to be taken to ensure that he gets deduction in relevant year? 8. What if a person invests 2 lacs for FY 19-20 in PPF though maximum amount allowed is only Rs 1.50 lacs? 9. What if employee is not clear now whether he has to invest more for FY 19-20? 10. In FY 20-21, employee may go for new scheme of taxation where he wont get benefit of deductions. He has donated Rs, 10000 for PM CARE Fund. Will he not get deduction for it? 11. Whether date for making investments for Capital Gains also been extended?