Various Time limits under Income-tax extended.

As per the Press release by the CBDT dtd 24th Apr 2021 , the time limits for the following are being extended :-

  1. Time Limit for passing any order of Assessment or Re assessment ;
  2. Time Limit for passing any order consequent to order of DRP ;
  3. Time Limit for reopening assessment in case income has escaped assessment ;
  4. Time limit for sending intimation for processing equalisation levy.
  5. Time for payment of tax under Vivad Se Vishwas Scheme without additional amount

All the above time limits have been extended upto 30th Jun 2021

The relevant press release is provided below