Circular No. 10/2021 / F .NO.225/49/2021/ITA-1I
The Central Board of Direct Taxes vide circular dated 25th May 2021 clarifies that the limitation period for filing of appeals before the Commissioner of Income Tax (Appeals) under the Income Tax Act, 1961. The circular was published as a result of different relaxations available to taxpayers for particular compliance.
In the circular, it was specified that the Central Board of Direct Taxes has issued Circular NO. 8 of 2021 on 30th April 2021 providing various relaxations till 31st May 2021 including extending the time for filing the appeals before CIT(Appeals).
At the same time, the Hon'ble Supreme Court vide order dated 27th April 2021 in Suo Motu Writ Petition (Civil) NO.3 of 2020 restored the order dated 23rd March 2020 and in continuation of the order dated 8th March 2021 directed that the period(s) of limitation, as prescribed under any General or Special Laws in respect of all judicial or quasi-judicial proceedings, whether condonable or not, shall stand extended till further orders.