Income Tax Due Date Further Extended beyond June, 2021

[CSLalit Rajput]

The Board of Direct Taxes (Income Tax Department) vide circular & Press Release No. 1730346 dated 25.06.2021, in exercise of its power under section 119 of the Income-tax Act, 1961 (hereinafter referred to as “the Act”) has issued circular w.r.t. Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic and spike in Covid-19 cases and also announces tax exemption for expenditure on COVID-19 treatment and ex-gratia received on death due to COVID-19:

Extension Table

Sl.	Nature of Extension	Provisions of IT Act 1961	Original Due Date	Extended Due Date
1	Objections to Dispute Resolution Panel (DRP) and Assessing Officer under section 144C of the Income-tax Act, 1961	Section 144C	01.06.2021	31.08.2021
2	The Statement of Deduction of Tax for the last quarter of the Financial Year 2020-21	Rule 31A of the Income-tax Rules, 1962	31.05.2021	on or before 15.07.2021
3	The Certificate of Tax Deducted at Source in Form No.16	Rule 31 of the Income-tax Rules, 1962	15.06.2021	on or before 31.07.2021
4	The Statement of Income paid or credited by an investment fund to its unit holder in Form No. 64D for the Previous Year 2020-21	Rule 12CB of the Income-tax Rules, 1962	15.06.2021	on or before 15.07.2021
5	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	Rule 12CB of the Income-tax Rules, 1962	30.06.2021	on or before 31.07.2021
6	The application in Form No. 10A/ Form No.10AB, for registration/ provisional registration/ intimation/ approval/ provisional approval of Trusts/ Institutions/ Research Associations etc.,	Under Section 10 (23C), 12AB, 35 (1) (ii) /(iia) / (iii) and 80G of the Act	30.06.2021	on or before 31.08.2021
7	The compliances to be made by the taxpayers such as investment, deposit, payment, acquisition, purchase, construction or such other action, by whatever name called, for the purpose of claiming any exemption  under  the  provisions  contained  in  Section  54  to  54GB  of the Act	Section  54  to  54GB  of the Act	Between 01.04.2021 to 29.09.2021	30.09.2021
8	The Quarterly Statement in Form No. 15CC to be furnished by authorized dealer in respect of remittances made for the quarter ending on 30th June, 2021	Rule 37 BB of the Income-tax Rules, 1962	30.06.2021	31.07.2021
9	The Equalization Levy Statement in Form No. 1 for the Financial Year 2020-21		30.06.2021	31.07.2021
10	The Annual Statement required to be furnished by the eligible investment fund in Form No. 3CEK for the Financial Year 2020-21	Section 9A (5) of the Act	29.06.2021	31.07.2021
11	Uploading of the declarations received from recipients in Form No. 15G/15H during the quarter ending 30th June, 2021	Form No. 15G/15H	15.07.2021	31.08.2021
12	Exercising of option to withdraw pending application (filed before the erstwhile Income Tax Settlement Commission) in Form No. 34BB, w	under Section 245M (1) of the Act	27.06.2021	31.07.2021
13	Last date of linkage of Aadhaar with PAN	Section 139AA of the Act	30.06.2021	30.09.2021
14	Last date of payment of amount under Vivad se Vishwas (without additional amount)		30.06.2021	31.08.2021
15	Last date of payment of amount under Vivad se Vishwas (with additional amount)			31.08.2021
16	Time Limit for passing assessment order		30.06.2021	30.09.2021
17	Time Limit for passing penalty order		30.06.2021	30.09.2021
18	Time Limit for processing Equalisation Levy returns		30.06.2021	30.09.2021

• Clarifications by CBDT:

In view of the impact of the Covid-19 pandemic, taxpayers are facing inconvenience in meeting certain tax compliances and also in filing response to various notices. In order to ease the compliance burden of taxpayers during this difficult time, reliefs are being provided through Notifications nos. 74/2021 & 75/2021 dated 25th June, 2021 Circular no. 12/2021 dated 25th June, 2021.