It is the grateful news that Due to Covit- 19 the Income Tax extended the time for Filling the Tax Return and given the Form 16 to the Employees of all of the Employers up to the 31stDecember 2020 As per the CBDT Notification No. 2033(E) Dated 24th June 2020. Given below the Notification No. 2033(E) Dated 24th 24th June 2020. of the CBDT
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 24th June, 2020
TAXATION AND OTHER LAWS
S.O. 2033(E).– In exercise of the
powers conferred by sub-section (1) of section 3 of the Taxation and Other Laws
(Relaxation of Certain Provisions) Ordinance, 2020 (2 of 2020) (hereinafter
referred to as the Ordinance), the Central Government hereby specifies , for
the purposes of the said sub-section (1),-
(i)
the 31st day of December, 2020 shall be the end
date of the period during which the time limit specified in, or prescribed or
notified under, the specified Act falls for the completion or compliance of
such action as specified under the said sub-section; and
(ii)
the 31st day of March, 2021 shall be the end date to which
the time limit for completion or compliance of such action shall stand
extended:
Provided
that where the specified Act is the Income-tax Act, 1961 and the compliance
relates to-
(i)
furnishing of return under section 139 thereof, for the
assessment year commencing on the -
(a)
1st day of April, 2019, the end date shall be
extended to the 31st day of July,
2020;
(b)
1st day of April, 2020, the end date shall be
extended to the 30th day of November, 2020;
(ii) Delivering of statement of deduction of tax at source under
sub-section (2A) of section 200 or statement of collection of tax at source
under sub-section (3A) of section 206C thereof for the month of February or
March, 2020, or for the quarter ending on the 31st day of March,
2020, as the case may be, the end date shall be extended to the 15th
day of July, 2020;
(iii) Delivering of statement of deduction of tax at source under
sub-section (3) of section 200 or statement of collection of tax at source
under proviso to sub-section (3) of section 206C thereof for the month of
February or March, 2020, or for the quarter ending on the 31st day of March, 2020, as the
case may be, the end date shall be
extended to the 31st day of July,
2020;
(iv) furnishing of certificate under section 203 thereof in
respect of deduction or payment of tax under section 192 of that Act for the
financial year 2019-20, the end date shall be extended to the 15th day of
August, 2020;
(v) Section 54 or 54GB referred to in item (I) of sub-clause (i)
of clause (c) of sub-section (1) of section 3 of the Ordinance or sub-clause
(ii) of the said clause, the end date in respect of the time limit for the
completion or compliance and the end date for making the said completion or
compliance, shall be the 29th day of September, 2020 and the 30th day of
September, 2020 respectively;
(vi) any provisions of Chapter VI-A under the heading “B.-
Deductions in respect of certain payments” thereof, referred to in item (I) of
sub-clause (i) of sub-section (1) of section 3 of the Ordinance, the end date
in respect of the time limit for the completion or compliance and the end date
for making the said completion or compliance, shall be the 30th day
of July, 2020 and the 31st day of July, 2020 respectively; and
(vii)
furnishing of report of audit under any provision thereof for the assessment year commencing on the 1st day of April, 2020,
the end date shall be extended to the 31st day of October, 2020:
Provided
further that the extension of the date as referred to in sub-clause (b) of
clause (i) of the first proviso shall not apply to Explanation 1 to section 234A of the Income-tax Act, 1961 in cases
where the amount of tax on the total income as reduced by the clauses (i) to
(vi) of sub-section (1) of the said section exceeds one lakh rupees :
Provided
also that where the specified Act is the Direct Tax Vivad se Vishwas Act, 2020, the 30th day of December,
2020 shall be the end date of the period during which the time limit specified
in, or prescribed or notified thereunder falls for the completion or compliance
of the action and the 31st day of December, 2020 shall be the end date to which the time limit for completion or
compliance of such action shall stand extended.
2. This notification shall come into force
from the 30th day of June, 2020.
NEHA SAHAY, Under Secy. (Tax Policy and Legislation Division)
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New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.
