Quick Summary
The Central Board of Direct Taxes has extended the due dates of Income Tax Return, Tax Audit, TDS Statement and Other Compliancesto provide relief to taxpayers in view of the COVID-19pandemic. Read the official announcement below: Circular No. 9 of 2021 F.No.225/49/2021 -ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 20th May, 2021 Subject: Extension of time limits of certain compliances to provide relief to t
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
The due dates have been extended by the CBDT to provide relief to taxpayers in view of the severe COVID-19 pandemic.
The extended compliances include the Statement of Financial Transactions (SFT), Statement of Reportable Account, Statement of Deduction of Tax, Certificate of Tax Deducted at Source (Form No 16), TDS/TCS Book Adjustment Statement (Form No 24G), and various others, including Income Tax Returns and Audit Reports.
The due date for furnishing the Return of Income for Assessment Year 2021-22 has been extended to 30th September 2021 (for the original due date of 31st July 2021), 30th November 2021 (for the original due date of 31st October 2021), and 31st December 2021 (for the original due date of 30th November 2021).
The due date for furnishing the Report of Audit under any provision of the Act for the Previous Year 2020-21 has been extended to 31st October 2021, and for reports from an Accountant for international or specified domestic transactions, it's extended to 30th November 2021.
Yes, the extension for furnishing the Return of Income does not apply to Explanation 1 to section 234A of the Act if the tax amount exceeds one lakh rupees after certain deductions.
CAclubindia
