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of <h1>Finance Ministry Extends Tax Penalty, Aadhaar Compliance, and Benami Property Notice Deadlines to March 31, 2022.</h1> The notification issued by the Ministry of Finance, Central Board of Direct Taxes, modifies previous notifications regarding the extension of deadlines under the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020. For the Income-tax Act, 1961, the deadline for imposing penalties under Chapter XXI is extended to March 31, 2022, and the deadline for Aadhaar number compliance under section 139AA is also extended to March 31, 2022. For the Prohibition of Benami Property Transaction Act, 1988, the deadline for issuing notices or orders under section 26 is extended to March 31, 2022.
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