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CBDT: Income Tax Due Dates Extended beyond June, 2021

The Board of Direct Taxes (Income Tax Department) vide circular No. 12 of 2021 & Press Release dated 25.06.2021, in the exercise of its power under section 119 of the Income-tax Act, 1961 (hereinafter referred to as “the Act”) has issued circular w.r.t. Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic and spike in Covid-19 cases and also announces tax exemption for expenditure on COVID-19 treatment and ex-gratia received on death due to COVID-19:

Sl. Nature of Extension Provisions of IT Act 1961 Original Due Date Extended Due Date
1 Objections to Dispute Resolution Panel (DRP) and Assessing Officer under section 144C of the Income-tax Act, 1961 Section 144C  01.06.2021 31.08.2021
2 The Statement of Deduction of Tax for the last quarter of the Financial Year 2020-21 Rule 31A of the Income-tax Rules, 1962  31.05.2021 15.07.2021
3 The Certificate of Tax Deducted at Source in Form No.16 Rule 31 of the Income-tax Rules, 1962  15.06.2021 31.07.2021
4 The Statement of Income paid or credited by an investment fund to its unit holder in Form No. 64D for the Previous Year 2020-21 Rule 12CB of the Income-tax Rules, 1962  15.06.2021 15.07.2021
5 The Statement of Income paid or credited by an investment fund to its unit holder in Form No. 64C for the Previous Year 2020-21 Rule 12CB of the Income-tax Rules, 1962 30.06.2021 31.07.2021
6 The application in Form No. 10A/ Form No.10AB, for registration/ provisional registration/ intimation/ approval/ provisional approval of Trusts/ Institutions/ Research Associations etc., Under Section 10 (23C), 12AB, 35 (1) (ii) /(iia) / (iii) and 80G of the Act  30.06.2021 31.07.2021
7 The compliances to be made by the taxpayers such as investment, deposit, payment, acquisition, purchase, construction, or such other action, by whatever name called, for the purpose of claiming any exemption under the provisions contained in Section 54 to 54GB of the Act Section 54 to 54GB of the Act Between 01.04.2021 to 29.09.2021 30.09.2021
8 The Quarterly Statement in Form No. 15CC to be furnished by an authorized dealer in respect of remittances made for the quarter ending on 30th June 2021 Rule 37 BB of the Income-tax Rules, 1962 30.06.2021 31.07.2021
9 The Equalization Levy Statement in Form No. 1 for the Financial Year 2020-21 30.06.2021 31.07.2021
10 The Annual Statement required to be furnished by the eligible investment fund in Form No. 3CEK for the Financial Year 2020-21 Section 9A (5) of the Act 29.06.2021 31.07.2021
11 Uploading of the declarations received from recipients in Form No. 15G/15H during the quarter ending 30th June 2021 Form No. 15G/15H 15.07.2021 31.08.2021
12 Exercising of option to withdraw pending application (filed before the erstwhile Income Tax Settlement Commission) in Form No. 34BB, w under Section 245M (1) of the Act 27.06.2021 31.07.2021
13 Last date of linkage of Aadhaar with PAN Section 139AA of the Act 30.06.2021 30.09.2021
14 Last date of payment of an amount under Vivad se Vishwas (without additional amount) 30.06.2021 31.08.2021
15 Last date of payment of an amount under Vivad se Vishwas (with additional amount) 31.08.2021
16 Time Limit for passing assessment order 30.06.2021 30.09.2021
17 Time Limit for passing penalty order 30.06.2021 30.09.2021
18 Time Limit for processing Equalisation Levy returns 30.06.2021 30.09.2021

Clarifications by CBDT:

In view of the impact of the Covid-19 pandemic, taxpayers are facing inconvenience in meeting certain tax compliances and also in filing responses to various notices. In order to ease the compliance burden of taxpayers during this difficult time, reliefs are being provided through Notifications nos. 74/2021 & 75/2021 dated 25th June 2021 Circular no. 12/2021 dated 25th June 2021.

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