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of <h1>Govt Extends Tax Deadlines: Income-tax Act Penalties to June 2021, Benami Property Notices to September 2021.</h1> The Central Government has modified Notification No. 93/2020, extending deadlines under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. For the Income-tax Act, 1961, the deadline for penalty imposition under Chapter XXI is extended to June 30, 2021, and for assessments or reassessments, deadlines are extended to April 30, 2021, or September 30, 2021, depending on specific conditions. For the Prohibition of Benami Property Transaction Act, 1988, deadlines for issuing notices or orders are extended to June 30, 2021, and September 30, 2021.
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