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
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