Notification No. 92/2020 [F. No. 370142/35/2020-TPL] / SO 4804(E)

Last updated: 02 January 2021

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This notification announces an amendment to the Direct Tax Vivad se Vishwas Act, 2020. The deadline for making declarations under the Act has been extended from 31st December 2020 to 31st January 2021. This change aims to provide taxpayers with more time to resolve their tax disputes.

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION New Delhi, the 31st December, 2020

S.O. 4804(E).—In exercise of the powers conferred by section 3 of the Direct Tax Vivad se Vishwas Act, 2020 (3 of 2020), the Central Government hereby makes the following amendment in the notification of the Government of India, Ministry of Finance, (Department of Revenue), Central Board of Direct Taxes, number 85/2020, dated the 27th October, 2020, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), vide number S.O. 3847(E), dated 27th October, 2020, namely:-

In the said notification, in clause (a), for the words, figures and letters “the 31st day of December, 2020”, the words, figures and letters “the 31st day of January, 2021” shall be substituted. 2. This notification shall come into force from the date of its publication in the Official Gazette.

[Notification No. 92/2020/F. No. 370142/35/2020-TPL]

VIPUL AGARWAL, Director (Tax Policy and Legislation Division)

Note: The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii), dated the 27th October, 2020 vide number S.O. 3847(E) dated 27th October, 2020.

FAQ :

The main change is the extension of the deadline for the Direct Tax Vivad se Vishwas Act, 2020.

The original deadline was the 31st day of December, 2020.

The new deadline is the 31st day of January, 2021.

This notification comes into force from the date of its publication in the Official Gazette.

The amendment is made to notification number 85/2020, dated 27th October, 2020.

Notification No : 92/2020
Source : https://www.incometaxindia.gov.in/communications/notification/notification_92_2020.pdf

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