Notification No. 258 — An order under section 119 under section 119 of the Income-tax Act, 1961

What this is

Notification No. 258 was published on 19 January 1993. Its subject is An order under section 119 under section 119 of the Income-tax Act, 1961.

This is an order under section 119 of the 1961 Act — section 239 of the 2025 Act. Section 119 lets the Board give directions to its own officers and, in defined cases, relax a requirement. It is an administrative power, not a power to rewrite the charge.

What it does

The Central Board of Direct Taxes, in exercise of the powers conferred under clause (a) of sub-section (2) of section 119 of the Income-tax Act, 1961, orders two extensions for company-assessees for assessment year 1992-93. Where under the Explanation to sub-section (1) of section 139 the return of income or loss had to be furnished by 31 December 1992, that due date shall be deemed to have been extended to 31 January 1993. Where under the Explanation to section 44AB the tax audit report had to be obtained by 31 December 1992, that specified date shall be deemed to have been extended to 31 January 1993.

Who it reaches

company-assessees whose return for assessment year 1992-93 fell due on 31 December 1992
companies required to obtain a tax audit report under section 44AB by that date
accountants conducting those audits
Assessing Officers computing interest and considering penalty for delay

The provisions it speaks to

Left, the provision of the Income-tax Act, 1961 as the instrument itself names it. Right, the section of the Income-tax Act, 2025 that the department’s own concordance maps it to — which is where the same ground is now covered.

Under the 1961 Act	Now
s.119	s.239

The instrument, as the Board published it

The words below are the department’s own, reproduced from its published text. Where the department’s copy carried a publisher’s notes after the instrument, those are not reproduced.

In exercise of the powers conferred under clause (a) of sub-section (2) of section 119 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby orders that :

(i) In the case of company-assessees, where under the provisions of the Explanation to sub-section (1) of section 139 of the Income-tax Act, 1961, the return of income/loss for assessment year 1992-93, had to be furnished by the 31st day of December, 1992, the said due date shall be deemed to have been extended to 31st January, 1993.

(ii) In the case of company-assessees, where, under the provisions of the Explanation to section 44AB of the Income-tax Act, 1961, the Tax Audit Report had to be obtained by the 31st day of December, 1992, for assessment year 1992-93, the specified date shall be deemed to have been extended to 31st January, 1993.

[F. No. 220/12/92-ITA. II

From when

assessment year 1992-93, the extended date being 31 January 1993.

What to watch

Both dates are deemed to have been extended, so a return furnished or a report obtained by 31 January 1993 is treated as within time and not as belated.
The order is confined to company-assessees and to assessment year 1992-93; it does not touch other assessees or other years.
The two limbs run in parallel, one on the due date under the Explanation to sub-section (1) of section 139 and the other on the specified date under the Explanation to section 44AB.

Where you meet it

In the computation of interest for late filing and in any penalty proceeding for failure to get accounts audited by the specified date for assessment year 1992-93.

On the same provision

Other instruments in this library that name the same provision of the 1961 Act. They are not necessarily still operative, and a later one may have replaced an earlier one without saying so.

Circular No. 6/2026 — Condonation of delay in filing Form No. 10AB electronically for approval under clause(ii) of the first proviso to sectio 2 July 2026
Circular No. 2/2026 — Order under section 119 of the Income-tax Act, 1961 for extension of timeline for issuance of tax deducted at source (TD 25 March 2026
Circular No.15/2025 — Extension of timelines for filing of various reports of audit and income tax returns ITRS for the assessment year 2025 2 29 October 2025
Circular No. 10/2025 — Relaxation of time limit for processing of returns of income filed electronically which were incorrectly invalidated by 28 July 2025
Circular No. 7/2025 — Relaxation of time limit for processing of valid returns of income filed electronically pursuant to order u/s 119(2)(b) 25 June 2025
Circular No. 6/2025 — Extension of due date for furnishing return of income for the Assessment Year 2025-26 27 May 2025

← Notification No. 1006 · Notification No. 1242 →

What a notification is. A notification is made under a power the Act itself gives, and within that power it is law — unlike a circular, which only binds the department. Its reach is the reach of the enabling provision and no wider, and the date it carries decides from when it works.

Source: the Income Tax Department’s own published text — its page for this instrument.