The Central Board of Direct Taxes (CBDT) has clarified that if different relaxations are available to the taxpayer for a particular compliance, he is entitled to the relaxation which is more beneficial to him. This clarification comes when CBDT extended time limit for filing appeal before CIT(A) till 31-05-2021 whereas the Supreme Court has extended the period of limitation, in respect of all judicial proceedings, till further orderThe Central Board of Direct Taxes (CBDT) has clarified that if different relaxations are available to the taxpayer for a particular compliance, he is entitled to the relaxation which is more beneficial to him. This clarification comes when CBDT extended time limit for filing appeal before CIT(A) till 31-05-2021 whereas the Supreme Court has extended the period of limitation, in respect of all judicial proceedings, till further ordertaxmann.com Latest Statutory HappeningsRead More
