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The Income Tax Department has released aCorrigendum to order under section 119 of the Income-tax Act dated 11/01/2021 which clarified that no further extension shall be made in due dates compliances of the Income Tax Act. Read the Corringedum released below: F. NO. 370153/39/2020-TPL GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) (TAX POLICY AND LEGISLATION DIVISION) *********** New Delhi, 12th January, 2021 CORRIGENDUM In the o
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FAQ :
The Income Tax Department has released a Corrigendum to an order dated 11th January 2021.
The Corrigendum clarifies that no further extensions will be granted for the due dates of compliances under the Income Tax Act.
The order was issued under section 119 of the Income-tax Act, 1961.
Yes, the Corrigendum explicitly states that no further extension shall be made in due dates for compliances of the Income Tax Act.
The Corrigendum makes amendments to a table at paragraph 7, specifically for Singapore and Brazil, and inserts a footnote below paragraph 7.
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