Date: 2020-06-24Category: Extra OrdinaryState: Union GovernmentCountry: India
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
Executive Summary:
This notification, issued by the Central Board of Direct Taxes, specifies extensions of time limits for various actions under the Taxation and Other Laws Relaxation of Certain Provisions Ordinance, 2020. It extends deadlines for Income-tax Act, 1961 compliances to December 31, 2020 and March 31, 2021, with specific extensions for return filings, tax deduction/collection statements, audit reports, and other provisions. It also addresses the Direct Tax Vivad se Vishwas Act, 2020, extending its deadlines.
Key Points / Main Content:
General Extensions:
* The end date for actions under specified acts is extended to December 31, 2020.
* The final extended date for completion/compliance of such actions is March 31, 2021.
Income-tax Act, 1961 Extensions:
* For assessment year commencing April 1, 2019, the return filing deadline is extended to July 31, 2020.
* For assessment year commencing April 1, 2020, the return filing deadline is extended to November 30, 2020.
* The deadline for delivering statements of tax deduction/collection for February/March 2020 or the quarter ending March 31, 2020, is extended to July 15, 2020 (subsection 2A of section 200 or subsection 3A of section 206C).
* The deadline for delivering statements of tax deduction/collection for February/March 2020 or the quarter ending March 31, 2020, is extended to July 31, 2020 (subsection 3 of section 200 or proviso to subsection 3 of section 206C).
* The deadline for furnishing certificates under section 203 for FY 2019-20 is extended to August 15, 2020.
* For section 54 or 54GB, the completion/compliance deadline is September 29, 2020, and the making deadline is September 30, 2020.
* For Chapter VIA deductions, the completion/compliance deadline is July 30, 2020, and the making deadline is July 31, 2020.
* The deadline for furnishing audit reports for the assessment year commencing April 1, 2020, is extended to October 31, 2020.
* The extension to November 30, 2020, does not apply to Explanation 1 to section 234A if the tax exceeds one lakh rupees.
Direct Tax Vivad se Vishwas Act, 2020:
* The end date for completion/compliance is December 30, 2020.
* The extended end date for completion/compliance is December 31, 2020.
Effective Date:
* The notification is effective from June 30, 2020.
Impact Analysis:
Taxpayers:
* Impact: Taxpayers receive extended deadlines for various tax-related compliances, providing additional time to meet their obligations.
* Action Required: Taxpayers should note the new deadlines for filing returns, submitting statements, furnishing certificates, and completing other actions to avoid penalties.
Tax Professionals/Auditors:
* Impact: Tax professionals and auditors have revised timelines for assisting clients with compliance and completing audit reports.
* Action Required: They need to update their schedules and inform clients about the extended deadlines.
Central Board of Direct Taxes (CBDT):
* Impact: The CBDT is responsible for implementing and overseeing the extended deadlines.
* Action Required: The CBDT needs to ensure that the necessary systems and processes are in place to accommodate the extended timelines and communicate these changes effectively.
Key Entities Referenced
Ministry of Finance: The ministry responsible for the notification related to taxation and other laws.
Department of Revenue: The department within the Ministry of Finance that deals with revenue matters.
Central Board of Direct Taxes: The governing body for direct taxes in India.
Taxation and Other Laws Relaxation of Certain Provisions Ordinance, 2020: An ordinance providing relaxation of certain provisions of taxation and other laws.
Income-tax Act, 1961: The primary legislation governing income tax in India.
Direct Tax Vivad se Vishwas Act, 2020: An act related to dispute resolution for direct taxes.
New Delhi: The city where the notification was issued.
Mayapuri, New Delhi: Location of the Dte. of Printing at Government of India Press
रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
xxxGIDHxxx
सी.जी.-डी.एल.-xअxx.G-2ID4E0x6x2x 020-220145
CG-DL-E-24062020-220145
असाधारण
EXTRAORDINARY
भाग II—खण्ड 3—उप-खण्ड (ii)
PART II—Section 3—Sub-section (ii)
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 1807] नई ददल्ली, बधु िार, जनू 24, 2020/आषाढ़ 3, 1942
No. 1807] NEW DELHI, WEDNESDAY, JUNE 24, 2020/ASADHA 3, 1942
जित्त म्ं ालय
(राजस्ट्ि जिभाग)
(केंद्रीय प्रत्य क्ष कर बरड)ड
अजधसचू ना
नई ददल् ली, 24 जून, 2020
कराधान और अन्य जिजध
का.आ.2033(अ).—केंद्रीय सरकार, कराधान और अन् य जिजध (कजतपय उपबंधों म ें छूट दने ा) अध् यादिे , 2020
(2020 का 2) (जजसे इसमें इसके पश् चातअ अध् यादेि कहा गया ह) कध धारा 3 कध उपधारा (1) द्वारा प्रदत् त िजतत यों का
प्रयरग करते हुए, उतत उपधारा (1) के प्रयरजनों के जलए, यह जिजनर्ददष् ट करती ह दक—
(i) 31 ददसंबर, 2020 उस अिजध कध अंजतम तारीख हरगी, जजसके दौरान जिजनर्ददष् ट अजधजनयम में जिजनर्ददष् ट या उसके
अधीन जिजहत या अजधसूजचत समय-सीमा ऐसी कारडिाई के, जर उतत उपधारा के अधीन जिजनर्ददष् ट ह, पूरा करने या
उसके अनुपालन के जलए ह ; और
(ii) 31 माच,ड 2021 ऐसी अंजतम तारीख हरगी, जजसके जलए ऐसी कारडिाई कर पूरा करन े या उसके अनुपालन के जलए
समय-सीमा कर जिस्ट् तारितरत दकया जाएगा
परंत ु जहां जिजनर्ददष् ट अजधजनयम आय-कर अजधजनयम, 1961 ह और अनुपालन—
(i) उसकध धारा 139 के अधीन जििरणी देने के संबंध म ेंह—
2774 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
(क) 1 अप्र ल, 2019 कर प्रारंभ हरन े िाल े जनधारड ण िष ड के जलए अंजतम तारीख कर 31 जलु ाई, 2020
तक बढ़ाया जाएगा ;
(ख) िहां 1 अप्र ल, 2020 कर प्रारंभ हरन े िाले जनधाडरण िषड के जलए अंजतम तारीख कर 30 निंबर,
2020 तक बढ़ाया जाएगा ;
(ii) यथाजस्ट्थ जत, फरिरी या माचड, 2020 के जलए या 31 माच,ड 2020 कर समाप् त हरन े िाली जतमाही के जलए धारा 200
कध उपधारा (2क) के अधीन स्ररत पर कर कध कटौती का जििरण देन े या उसकध धारा 206ग कध उपधारा (3क) के
अधीन स्ररत पर कर के सग्रं हण का जििरण देन े के संबंध म ें ह , िहां अंजतम तारीख कर 15 जलु ाई, 2020 तक बढ़ाया
जाएगा ;
(iii) यथाजस्ट् थजत, फरिरी या माचड, 2020 के जलए या 31 माचड, 2020 कर समाप् त हरन े िाली जतमाही के जलए उसकध
धारा 200 कध उपधारा (3) के अधीन स्ररत पर कर कध कटौती का जििरण देन े या धारा 206ग कध उपधारा (3) के
परंतुक के अधीन स्ररत पर कर के संग्रहण का जििरण देन े के सबं ंध ह,ैं िहां अंजतम तारीख कर 31 जुलाई, 2020 तक
बढ़ाया जाएगा ;
(iv) उस अजधजनयम कध धारा 192 के अधीन कर कध कटौती या उसके संदाय के संबंध म ें उसकध धारा 203 के अधीन
प्रमाणप् देन े के संबंध में ह, िहां अंजतम तारीख कर 15 अगस्ट्त , 2020 तक बढ़ाया जाएगा ;
(v) अध् यादेि कध धारा 3 कध उपधारा (1) के खडं (ग) के उपखंड (i) कध मद (।) म ें जनर्ददष् ट धारा 54 या धारा 54छख या
उतत खंड के उपखंड (ii) के संबधं में ह, िहां उसे पूरा करने या अनुपालन हते ु समय-सीमा के संबंध में अंजतम तारीख
कर और उसे पूरा करने या उतत अनुपालन के जलए अंजतम तारीख क्रमि 29 जसतंबर, 2020 और 30 जसतंबर,
2020 हरगी ;
(vi) अध् यादेि कध धारा 3 कध उपधारा (1) के उपखंड (i) कध मद (।) म ें जनर्ददष् ट उसके ‘‘ख. कजतपय संदायों कध बाबत
कटौजतयां’’ िीषडक के अधीन अध् याय 6-क के दकन् हीं उपबंधों के संबंध में ह, िहां पूरा करन े या अनुपालन हते ु समय-
सीमा के संबंध म ें अंजतम तारीख और उसे परू ा करन े या उतत अनुपालन के जलए अंजतम तारीख क्रमि 30 जुलाई,
2020 और 31 जुलाई, 2020 हरगी ; और
(vii) 1 अप्र ल, 2020 कर प्रारंभ हरने िाले जनधाडरण िष ड के जलए उसके दकसी उपबंध के जलए संपरीक्ष ा रितरपरट ड देन े के संबंध
में ह, िहां अंजतम तारीख कर 31 अत तूबर, 2020 तक बढ़ाया जाएगा
परंत ु यह और दक पहल े परंतुक के खंड (i) के उपखंड (ख) म ें यथाजनर्ददष् ट तारीख का बढ़ाया जाना आय-कर अजधजनयम,
1961 कध धारा 234क के स्ट् पष्ट ीकरण 1 कर उन मामलों में लागू नहीं हरगा जहां ऐसी कुल आय पर, जर उतत उपधारा (1)
के खंड (i) स ेखंड (vi) द्वारा कम कध गई ह, कर कध रकम एक लाख रुपए स ेअजधक ह
परंत ु यह भी दक जहां जिजनर्ददष्ट अजधजनयम प्रत् यक्ष कर जििाद से जिश् िास अजधजनयम, 2020 ह, िहां 30 ददसंबर, 2020
उस अिजध कध अंजतम तारीख हरगी, जजसके दौरान कारडिाई कर पूरा करन े या उसके अनुपालन के जलए उसमें जिजनर्ददष् ट या
उसके अधीन जिजहत या अजधसजू चत समय-सीमा आती ह और 31 ददसंबर, 2020 िह अंजतम तारीख हरगी, जजस तक ऐसी
कारडिाई कर पूरा करने या उसके अनुपालन के जलए समय-सीमा कर बढ़ाया जाएगा ।
2. यह अजधसूचना 30 जनू , 2020 से प्रिृत् त हरगी ।
[अजधसूचना स.ं 35 /2020/फा.स.ं 370142/23/2020-टीपीएल]
नेहा सहाय,अिर सजचि (कर नीजत और जिधान प्रभाग)[भाग II—खण् ड 3(ii)] भारत का राजप् असाधारण 3
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 :4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)]
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.
[Notification No.35 /2020/ F. No. 370142/23/2020-TPL]
NEHA SAHAY, Under Secy. (Tax Policy and Legislation Division)
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.