<p>Ministry of Finance has issued a press note today stating that there is no extension of the financial year.</p><p>There is a fake new circulating in some section of media that the financial year has been extended. </p>.<p>A notification issued by the Government of India on March 30, 2020 with respect to some other amendments done in the Indian Stamp Act is being misquoted.</p>.Finance Act 2019 provisions amending the Indian Stamp Act to now come into force on July 1, 2020 .<p>The Notification pertains to the provisions of <strong>Part I, Chapter IV </strong>of the Finance Act, 2019, which pertain to the amendments to the <em>Indian Stamp Act, 1899</em>, shall now come into force on July 1, 2020.</p><p>The amendments were scheduled to come into force on April 1, 2020.</p>
<p>Ministry of Finance has issued a press note today stating that there is no extension of the financial year.</p><p>There is a fake new circulating in some section of media that the financial year has been extended. </p>.<p>A notification issued by the Government of India on March 30, 2020 with respect to some other amendments done in the Indian Stamp Act is being misquoted.</p>.Finance Act 2019 provisions amending the Indian Stamp Act to now come into force on July 1, 2020 .<p>The Notification pertains to the provisions of <strong>Part I, Chapter IV </strong>of the Finance Act, 2019, which pertain to the amendments to the <em>Indian Stamp Act, 1899</em>, shall now come into force on July 1, 2020.</p><p>The amendments were scheduled to come into force on April 1, 2020.</p>