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The Central Board of Direct Taxes, in exercise of its power under section 119 of the Income-tax Act, 1961, provides relaxation on Income Tax due dates as per Circular 9 of 2021 dated 20th May 2021.

Extension of Income Tax due dates for the AY 2021-22 related to the FY 2020-21

Sr. No.

Compliances

Financial Year

Rules/Acts

Original Due Date

Extended Due Date

1

Statement of Financial Transactions (SFT)

for the Financial Year 2020-21

Rule 114E of Income Tax Rules,1962

On or Before 31st May ,2021

On or Before 30th June, 2021

2

Statement of Reportable Account

 for the calendar Year 2020

Rule 114G of Income Tax Rules,1962

On or Before 31st May ,2021

On or Before 30th June, 2021

3

Statement of Deduction of Tax

for the last Quarter of the  Financial Year 2020-21

Rule 31A of Income Tax Rules,1962

On or Before 31st May ,2021

On or Before 30th June, 2021

4

Certificate of Deduction at Source in Form 16

for the Financial Year 2020-21

Rule 31 of Income Tax Rules,1962

On or Before 15th June ,2021

On or Before 15th July, 2021

5

TDS/TCS Book Adjustment Statement in Form 24G

for the Month of May 2021

Rule 30 and Rule 37CA of the Income Tax Rules, 1962

On or Before 15th June ,2021

On or Before 30th June, 2021

6

Statement of Deduction of Tax from Contribution Paid by Trustees of an approved Superannuation Fund

for the F.Y 2020-21

Rule 33 of the Income Tax Rules, 1962

On or Before 31st May ,2021

On or Before 30th June, 2021

7

Statement of Income paid or credited by an investment Fund to its unit holder  in Form 64D

for the Previous Year 2020-21

Rule 12CB of the Income Tax Rules, 1962

On or Before 15th June ,2021

On or Before 30th June, 2021

8

Statement of Income paid or credited by an investment Fund to its unit holder  in Form 64C

for the Previous Year 2020-21

Rule 12CB of the Income Tax Rules, 1962

On or Before 30th June, 2021

On or Before 15th July, 2021

9

Furnishing of Return of Income

for the Assessment Year 2021-22

Under Section139(1) of the Income Tax Act,1961

On or Before 31st July, 2021

On or Before 30th September, 2021

10

Audit Report

for the Previous Year 2020-21

Under any provision of the Income Tax Act,1961

On or Before 30th September, 2021

On or Before 31st October, 2021

11

Report from an Accountant by persons entering into international transactions or specified domestic transaction

for the Previous Year 2020-21

Under section 92E of the Income Tax Act

On or Before 31st October, 2021

On or Before 30th November, 2021

12

Furnishing of Return of Income

for the Assessment Year 2021-22

Under Section139(1) of the Income Tax Act,1961

On or Before 31st October, 2021

On or Before 30th November, 2021

13

Furnishing of Return of Income

for the Assessment Year 2021-22

Under Section139(1) of the Income Tax Act,1961

On or Before 30th November, 2021

On or Before 31st December, 2021

14

Furnishing of Belated or Revised Return of Income

for the Assessment Year 2021-22

Under Section139(4) /(5) of the Income Tax Act,1961

On or Before 31st December, 2021

On or Before 31st January, 2022

 
 
  • Section 234A will be applicable where Tax on Total Income after considering Advance Tax, TDS, Relief, etc. will exceed Rs. 1 lac.
  • For Senior Citizens, not having Business or Profession income, the tax paid by him U/S 140A within the original Due Date shall be deemed to be advance tax.

Income Tax Department on Wednesday said that it would launch a new e-filing portal on June 7. The existing portal will be unavailable to taxpayers for six days, starting from June 1 to June 6.

The author is a Member of the CPA Institute, Australia and Fellow member of Institute of Chartered Accountants of India and can be reached at casusmitadutta@gmail.com.

Disclaimer: The facts and opinions written in this column are those of the author and have been prepared on the basis of relevant provisions and information available at the time of preparation. The article does not constitute any professional advice or formal recommendation. The author has under taken utmost care to disseminate true and correct views and does not accept liability of any errors or omissions.


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Category Income Tax, Other Articles by - Susmita Dutta, CA , CPA 



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