In order to ease the struggles faced by various stakeholders as a result of the Covid-19 pandemic, the government has agreed to extend timetables for compliance with the I Tax Act in the following circumstances, based on representations received from various stakeholders:
Moreover, the Adjudicating Authority’s time limit for issuing notice and passing orders under : Prohibition of Benami Property Transactions Act, 1988 has also been extended to 31.03.2022.
In order to provide some relief to taxpayers for creating multiple compliances, on June 24, 2020, the Government issued a Notification, the main features of which are as continues to follow:
the Government issued a Notification, are as follows: Link
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