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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>CBDT Extends Deadline for Tax Exemption Compliance u/ss 54 to 54GB to March 31, 2023, Amid COVID-19.</h1> The Central Board of Direct Taxes (CBDT) has extended the deadline for taxpayers to comply with requirements for claiming exemptions under Sections 54 to 54GB of the Income-tax Act, 1961. Initially, the deadline for actions such as investment, deposit, payment, acquisition, purchase, or construction, due between April 1, 2021, and September 29, 2021, was extended to September 30, 2021. Due to ongoing COVID-19 hardships, the deadline is further extended for compliance due between April 1, 2021, and February 28, 2022, allowing completion by March 31, 2023.
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