CBDT extends due date for linking of Aadhaar and PAN. Timelines for passing penalty order under Income Tax Act / adjudication of Benami property
CBDT has extended the time limits for certain compliances under Income Tax Act 1961. Earlier The Taxation and Other Laws (Relaxation & Amendment of Certain Provisions) Act 2020 has given relaxations in compliances.
The relaxation given by CBDT vide Notification No. 113/2021 are as under:
| Passing of any order for imposition of penalty under Chapter XXI of the Income-tax Act, |
(i) the 30th day of March, 2022 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 (ii) the 31st day of March,2022 shall be the end date to which the time-limit for completion of such action shall stand extended |
| Linking of Aadhaar number to PAN |
the time-limit for such compliance stand extended to the 31st day of March, 2022 |
Similarly, under Benami Act, issue of notice or passing of any order under sub-section (3) of section 26 of the Benami Act is extended as under:
(i) the 30th day of June, 2021 shall be the end date of the period during which the time-limit specified in or prescribed or notified under the Benami Act falls, for the completion of such action; and
(ii) the 31stday of March, 2022 shall be the end date to which the time-limit for completion of such action shall stand extended
Invitation For Empanelment Of Practising Chartered Accountants / Chartered Accountant Firms Forest Development Corporation of Maharashtra Limited (FDCM Limited), Nagpur,…
Press Registrar General of India (PGRI) invites application for empanelment of Chartered Accountants. The Press Registrar General of India manages…
CBDT notifies revised Form No. 169 for making application for registration as a valuer under section 514 and authorised income…
Curtailing time to file reply to notice u/s 148A(b) from statutorily available 30 days to 15 days seriously prejudiced assessee’s…
At the stage of registration u/s 12AB, the CIT(E) not empowered to adjudicate applicability of provisio to section 2(15) of…
Flower bed area could not be included in the definition of “built up area” to calculate eligible limit of 1000…