Order under section 119 of the Income-tax Act, 1961

Last updated: 26 March 2021

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This circular announces an extension for reporting under clauses 30C and 44 of the Tax Audit Report. These specific reporting requirements, originally amended in 2018, have been repeatedly deferred. Due to the ongoing COVID-19 pandemic, the Central Board of Direct Taxes has decided to keep these clauses in abeyance until 31st March 2022.

Circular No.05/2021

F. No. 370142/9/2018-TPL
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
TPL Division

New Delhi, dated 25th March, 2021
Order under section 119 of the Income-tax Act, 1961

Section 44AB of the Income-tax Act, 1961 ('the Act') read with rule 6G of the Income-tax Rules, 1962 ('the Rules') requires specified persons to furnish the Tax Audit Report along with the prescribed particulars in Form No. 3CD. The existing Form No. 3CD was amended vide notification no. GSR 666(E) dated 20th July, 2018 with effect from 20th August, 2018. However, the reporting under clause 30C and clause 44 of the Tax Audit Report was kept in abeyance till 31 st March, 2019 vide Circular No. 6/2018 dated 17.08.2018, which was subsequently extended to 31 st March, 2020 vide Circular No. 912019. Vide circular no. 10/2020 dated 24.04.2020, it was further extended to 31 st March, 2021.

In view of the prevailing situation due to COVID-19 pandemi-c across the country, it has been decided by the Board that the reporting under clause 30C and clause 44 of the Tax Audit Report shall be kept in abeyance till 31 st March, 2022 .

(Ankit Jain)
Under Secretary (TPL)-III

Copy to:
1. PS to FM/OSD to FM/PS to MoS(F)/OSD to MoS(F)
2. PS to Secretary (Finance)
3. Chairman, CBDT
4. All Members, CBDT
5. All Pr. DGsIT/Pr. CCsIT
6. All Joint Secretaries/CsIT, CBDT
7. Directors/Deputy Secretaries/Under Secretaries of CBDT
8. The C&AG ofIndia (30 copies)
9. The JS & Legal Adviser, Ministry of Law & Justice, New Delhi
10. The Institute of Chartered Accountants of India
11. CIT (M&TP), Official Spokesperson ofCBDT
12.O/oPro DGlT (Systems) for uploading on official website
13. JCIT (Database Cell) for uploading on departmental website

Under Secretary (TPL)-III

FAQ :

This notification extends the period for which reporting under clause 30C and clause 44 of the Tax Audit Report is kept in abeyance.

Section 44AB of the Income-tax Act, 1961, read with rule 6G of the Income-tax Rules, 1962, is relevant to the Tax Audit Report and Form No. 3CD.

The reporting under clause 30C and clause 44 of the Tax Audit Report is being kept in abeyance.

The reporting under clause 30C and clause 44 of the Tax Audit Report has been extended until 31st March 2022.

The extension has been granted due to the prevailing situation across the country caused by the COVID-19 pandemic.

The reporting was previously extended to 31st March 2021.

Circular No : 5/2021
Source : https://www.incometaxindia.gov.in/communications/circular/circular_no_5_2021.pdf

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