Income Tax Updates: Extension of timelines dated 29th August 2021

CS Tanveer Singh Saluja | Last updated: 31 August 2021

Save Share

Quick Summary

This article details significant extensions to various income tax deadlines, as announced on 29th August 2021. Key dates for applications like Form 10A and 10AB, quarterly statements (Form 15CC), Equalisation Levy, and declarations (Form 15G/15H) have been pushed back. It also covers extended timelines for Sovereign Wealth Funds, Pension Funds, and international group reporting forms (3CEAC, 3CEAD, 3CEAE), as well as the Vivad se Vishwas scheme.

Income Tax Deadline Extensions: August 2021 Updates

Particulars	Due Date	Extended Due Date
Application for registration or intimation or approval under section 10(23C), 12A, 35(1)(ii)/(iia)/(iii) or 80G (Form No. 10A)	30^th June, 2021 (earlier extended upto 31^st August, 2021)	31^st March, 2022
Application for registration or approval under section 10(23C), 12A or 80G(Form No. 10AB)	28^th February, 2022	31^st March, 2022
Quarterly Statement to be furnished by authorized dealer(Q1 of F.Y. 2021-22) (Form No. 15CC).	15^th July, 2021 (earlier extended upto 31^st August, 2021)	30^th November, 2021
Quarterly Statement to be furnished by authorized dealer(Q2 of F.Y. 2021-22) (Form No. 15CC).	15^thOctober, 2021	31^stDecember, 2021
Equalization Levy Statement(F.Y. 2020-21) (Form No. 1)	30^th June, 2021 (earlier extended upto 31^st August, 2021)	31^stDecember, 2021
Uploading of the declarations received from recipients (Q1 of F.Y. 2021-22) (Form No. 15G/15H)	15^th July, 2021 (earlier extended upto 31^st August, 2021)	30^th November, 2021
Uploading of the declarations received from recipients (Q2 of F.Y. 2021-22) (Form No. 15G/15H)	15^thOctober, 2021	31^stDecember, 2021
Intimation to be made by Sovereign Wealth Fund in respect of each investment made by it in India (Q1 of F.Y. 2021-22) (Form II SWF)	31^st July, 2021 (earlier extended upto30^th September, 2021)	30^th November, 2021
Intimation to be made by Sovereign Wealth Fund in respect of each investment made by it in India (Q2 of F.Y. 2021-22) (Form II SWF)	31^st October, 2021	31^stDecember, 2021
Intimation to be made by Pension Fund in respect of each investment made by it in India (Q1 of F.Y. 2021-22) (Form No. 10BBB)	31^st July, 2021 (earlier extended upto30^th September, 2021)	30^th November, 2021
Intimation to be made by Pension Fund in respect of each investment made by it in India (Q2 of F.Y. 2021-22) (Form No. 10BBB)	31^st October, 2021	31^stDecember, 2021
Intimation by a constituent entity, resident in India, of an international group, the parent entity of which is not a resident in India under section 286(1) (Form No. 3CEAC)	30^th November, 2021	31^stDecember, 2021
Report by a parent entity or an alternate reporting entity or any other constituent entity, resident in India under section 286(4) (Form No. 3CEAD)	30^th November, 2021	31^stDecember, 2021
Intimation on behalf of an international group under section 286(4) (Form No. 3CEAE)	30^th November, 2021	31^stDecember, 2021
Payment of amount under Vivad se Vishwas(without additional amount)	30^th June, 2021 (earlier extended upto 31^st August, 2021)	30^th September, 2021

Disclaimer: The author is based in Jabalpur and is a Practicing Company Secretary dealing in Corporate, Legal & Taxation services. The information contained in this write up, as provided by the author, is to provide a general guidance to the intended user. The information should not be used as a substitute for specific consultations. Author recommends that professional advice is sought before taking any action on specific issues.

The author can also be reached at cstanveersaluja@gmail.com.

FAQ :

The due date for application for registration or intimation or approval under section 10(23C), 12A, 35(1)(ii)/(iia)/(iii) or 80G (Form No. 10A) has been extended to 31st March, 2022.

The Equalisation Levy Statement for FY 2020-21 (Form No. 1) has been extended to 31st December, 2021.

The due date for the Q1 of FY 2021-22 quarterly statement (Form No. 15CC) is now 30th November, 2021, and for Q2 of FY 2021-22, it is 31st December, 2021.

Yes, the uploading of declarations received from recipients for Q1 of FY 2021-22 (Form No. 15G/15H) is now due by 30th November, 2021, and for Q2 of FY 2021-22, it is due by 31st December, 2021.

The payment of amount under Vivad se Vishwas (without additional amount) has been extended to 30th September, 2021.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!