Extension or relaxation in due date under Income Tax Act, 1961
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), the Central Government further extended the due date of furnishing
Income Tax Return or Audit report under the Act, as well as relaxation has been
given by extending period for making invest under section 54 or section 54B or
under chapter-VI-A of the Act.
Brief of the Extension or relaxation are as under:-