Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic

Extension of tax compliance deadlines under Section 119 provides pandemic relief for multiple statutory filings and certificates.

The tax administration, invoking Section 119, grants targeted extensions of time for a range of income tax compliances due during the pandemic. Specified filings and actions-including objections to the Dispute Resolution Panel, prescribed quarterly and annual statements, Form No.16 certificates, investment fund statements, equalization levy returns, authorized dealer statements, registration applications for trusts and institutions, and time bound investment or construction actions to claim exemptions-may be completed by the later cut off dates set out for each category in the circular.