Notification under Taxation and other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020(38 of 2020) (Notification dated – 25.06.2021) – CBDT
View PdfNotification under Taxation and other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020(38 of 2020) (Notification dated – 25.06.2021) – CBDT
- Where the specified Act is the Income-tax Act, 1961 (43 of 1961) (hereinafter referred to as the Income-tax Act) and, the completion of any action, referred to in clause (a) of sub-section (1) of section 3 of the said Act, relates to passing of any order ,-
- for assessment or reassessment under the Income-tax Act, and the time limit for completion of such action under section 153 or section 153B thereof, expires on the 30thday of June,
- 2021 due to its extension by the said notifications, such time limit shall further stand extended to the 30th day of September, 2021;For imposition of penalty under Chapter XXI of the Income-tax Act,—
- the 29th day of September, 2021 shall be the end date of the period during which the time limit specified in, or prescribed or notified under, the Income-tax Act falls for the completion of such action; and the 30th day of September, 2021 shall be the end date to which the time limit for completion of such action shall stand extended;
- the compliance of any action, referred to in clause (b) of sub-section (1) of section 3 of the said Act, relates to intimation of Aadhaar number to the prescribed authority under sub-section (2) of section 139AA of the Income-tax Act, the time-limit for such the compliance of such action shall stand extended to the 30th day of September, 2021;
- where the specified Act is the Chapter VIII of the Finance Act, 2016 (28 of 2016) (hereinafter referred to as the Finance Act) and the completion of any action, referred to in clause (a) of sub-section (1) of section 3 of the said Act, relates to sending an intimation under sub-section (1) of section 168 of the Finance Act, and the time limit for completion of such action expires on the 30th June, 2021 due to its extension by the said notifications, such time limit shall further stand extended to the 30th day of September, 2021.
