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Friday, April 30, 2021

COVID-19 second wave | Center extends timelines of certain tax-related activities

 

The Center on April 24 extended timelines of various tax notifications till June 30, 2021, amid a raging second wave of the COVID-19 pandemic.

The Central Board of Direct Taxes (CBDT) said that requests received from taxpayers, tax consultants and other stakeholders for extension of timelines under various notifications and under the Direct Tax Vivad se Vishwas Act, 2020 were considered and extended today. Earlier, the deadlines had been extended till April 30, 2021.

CBDT added that the Center received “several representations (supra) to address the hardship being faced by various stakeholders” and thus, decided to extend the time limits for notifications issued under the Taxation and Other Laws (Relaxation) and Amendment of Certain Provisions Act, 2020 to June 30.

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