Sale of Rural agriculture land

The assessee sold a rural agriculture land in PY 2019-20 and the same  was not shown in original ITR and now reassessment is going on.   The assessee had receieved Rs. 37.5 lacs in cash and remaining payment through cheque. The assessee had given statement on oath u/s 131A that he had received cash of Rs. 37.5 lacs also the agreement of cash sale was available with department.  Whether penalty under section 269SS will be levied on sale of such rural agricultural land ? Secondly, whether ITR can be filed in response to 148 notice beyond 90 days and can we…

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