All due dates of income tax got extended

Extension of time limits of certain compliances to provide relief to taxpayers in view of a severe pandemic

01.The statement of financial transactions for the financial year 2020-21, required to be furnished on or before 31/05/2021, under Rule 114E of the Income-tax Rules,1962(hereinafter referred to as "the rules) and various notifications issued thereunder, may be furnished on or before 30/06/2021.

02. The statement of reportable account for the calendar year 2020, required to be furnished on or before 31/05/2021 under Rule 114G of the rules, maybe furnished on or before 30/06/2021.

03.The statement of deduction of tax for the last quarter of the financial year 2020-21, required to be furnished on or before 31/05/2021 under Rule 31A of the rules, maybe furnished on or before 30/06/2021.

04.Due date of Form 16 extended from 15/05/2021 to 15/06/2021.

05.TDS/TCS Book adjustment statement in Form No 24G for the month of May 2021, required to be furnished on or before 15/06/2021 under Rule 30 may be furnished on or before 30/06/2021.

06. The statement of deduction of tax from contributions paid by the trustees of an approved superannuation fund for the Financial year 2020-21 extended from 31/05/2021 to 30/6/2021

07. 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, required to be furnished on or before 30th June 2021 under Rule 12CB of the Rules, as extended to 15th July 2021 vide Circular NO.9 of 2021, maybe furnished on or before 31 st July. 2021

08. A statement of income credited by an investment fund to the unitholders in Form 64D has to be furnished annually to specified tax authority extended from 15/06/2021 to 30/06/2021

09.Taxpayers who are required to furnish transfer pricing report (including partners of a taxpayer being a firm who is covered in this category) . Due date extended from 30/11/2021 to 31/12/2021

10.Taxpayers who are required to get their accounts audited (including partners of a taxpayer being a firm who is covered in this category) and not covered in Sr. No 1 above,due date extended from 31/10/2021 to 30/11/2021.

11.Other taxpayers not covered in Sr. No. 1 or 2 above (e.g., individuals, firms not liable to audit etc.), due date extended from 31/07/2021 to 30/09/2021.

12. Belated or revised returns extended from 31/12/2021 to 31/01/2022.

13. Tax audit report extended from 30/09/2021 to 31/10/2021

14.TP Report extended from 31/10/2021 to 30/11/2021

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