Notification No. 93/2020 [F. No. 370142/35/2020-TPL] / SO 4805(E)

Last updated: 02 January 2021

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This notification announces extended deadlines for various tax compliance actions, superseding previous dates. For actions under clause (a) of sub-section (1) of section 3 of the Act, the end date for completion is now March 30, 2021, with the time limit extended to March 31, 2021. Special provisions apply for the Direct Tax Vivad Se Vishwas Act and specific Income-tax Act orders, setting January 30 and 31, 2021, as the respective end dates. For the Income-tax Act, 1961, the deadline for furnishing returns is extended to February 15, 2021, for certain assessees and January 10, 2021, for others. Audit report submissions are extended to January 15, 2021.

NOTIFICATION New Delhi, the 31st December, 2020 S.O. 4805(E).In exercise of the powers conferred by sub-section (1) of section 3 of the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 (38 of 2020) (hereinafter referred to the Act) and in supersession of the notification of the Government of India in the Ministry of Finance, (Department of Revenue) No. 88/2020 dated the 29th October, 2020, published in the Gazette of India, Extraordinary, Part-II, Sectio

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FAQ :

The notification extends the time limits for completing or complying with certain tax-related actions under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020.

The end date for completion is March 30, 2021, and the time limit for compliance is extended to March 31, 2021.

Yes, for the Direct Tax Vivad Se Vishwas Act, 2020, the end date for completion is January 30, 2021, and the compliance time limit is extended to January 31, 2021.

For assessees under clauses (a) and (aa) of Explanation 2 to section 139(1), the deadline is February 15, 2021. For other assessees, the deadline is January 10, 2021.

The time limit for furnishing audit reports under the Income-tax Act, 1961, is extended to January 15, 2021.

Orders under sub-section (3) of section 92CA of the Income-tax Act, 1961, have their completion and compliance deadlines adjusted to January 30 and January 31, 2021, respectively.

Notification No : 93/2020
Source : https://www.incometaxindia.gov.in/communications/notification/notification_93_2020.pdf

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