| Question And Answer | |
|---|---|
| Subject: | Extension of time due to covid by s.c. |
| Category: | Income-Tax |
| Querist: | kanika agrawal |
| Answered by: | Advocate Shashi Ashok Bekal |
| Tags: | Covid -19, Limitation, Revision u/s 264 |
| Date: | September 9, 2022 |
Whether extension of time granted by Supreme court is also applicable on Revision petition u/s 264 of Income Tax Act.
The Hon’ble Supreme Court in Re: Cognizance for Extension of Limitation Suo Motu Writ Petition (Civil) No(s).3 of 2020 dated January 10, 2022 (SC) on account of the situation posed by COVID 19, The Hon’ble Supreme Court has suo motu held that to ease the difficulties faced by the litigants and their lawyers across the country in filing their petition/ applications/ suits/ appeals, irrespective of the limitation prescribed under the general law or Special Laws whether condonable or not shall stand extended with effect from March 15, 2020 till February 28, 2022.
Under section 264 of the Income-tax Act, 1961 (Act) the assessee (Litigant) can make a revision application against the order of the Ld. Assessing Officer. Therefore the decision of the Hon’ble Supreme Court applies in the case of a revision application under section 264 of the Act.