The Central Board of Direct Taxes vide its notification dated 17th September 2021, has decided to extend timelines for compliances under the Income-tax Act, 1961 in the following cases due to hardship being faced by various stakeholders on account of the Covid-19 pandemic
The Time-limit for intimation of Aadhaar number to the Income-tax Department for linking PAN with Aadhaar has been extended from 30th September, 2021 to 31st March, 2022.
The due date for completion of penalty proceedings under the Act has also been extended from 30th September, 2021 to 31st March 2022.
Further, the time limit for issuance of notice and passing of order by the Adjudicating Authority under the Prohibition of Benami Property Transactions Act, 1988 has also been extended to 31st March, 2022.
