Summary of extended dates of various compliances / cases under the Income Tax Act, 1961 due to Covid-19 Pandemic

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Circular/Press Release/ Notification Summary of Compliances  for which date has been extended Link for Download
Press release dated 24.04.2021

 

Extension of certain time limits by CBDT in light of pandemic to 30.06.2021

 

 

 

Note: In a nutshell, time barring of assessment cases which was on 30.04.2021 has been extended to 30.06.2021.

 

 Time limit for passing of any order for assessment or reassessment under ‘the Act’ for which time limit is provided under

 

  • Section 153 “Time limit for completion of assessment, reassessment and recomputation” [143, 148, 144, etc.] or

 

  • Section 153B Time limit for completion of assessment under section 153A” [Search assessments u/s 153A/153C] 

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Time limit for passing an order under section 144C(13) of the Act, consequent to directions of Dispute Resolution Panel given u/s 144C(5).
Time limit for issuance of notice under section 148 of the Act for reopening the assessment where income has escaped assessment.
Time Limit for sending intimation of processing of Equalisation Levy under section 168(1) of the Finance Act 2016.
Circular No. 8/2021 dated 30.04.2021

OR

Press release dated 01.05.2021

 

 

 

 

 

 

 

 

 

 

 

 

 

Extension of certain time limits by CBDT related to compliances in light of pandemic to 31.05.2021

Below mentioned compliances can be filed within the time provided under specified section or by 31″ May 2021 whichever is later.

  •  Appeal to Commissioner (Appeals) under section 246A for which the last date of filing under that section is 1″ April 2021 or thereafter,

 

  • Objections to Dispute Resolution Panel (DRP) under Section 144C of the Income-tax Act, 1961 for which the last date of filing under that Section is 1″ April 2021 or thereafter

 

  • Income-tax return in response to notice under Section 148 of the Income-tax Act, 1961,  for which the last date of filing of return of income under the said notice is 1″ April 2021 or thereafter,

 

  • Filing of belated return under sub-section (4) and revised return under sub-section (5) of Section 139 of the Income-tax Act,1961 for Assessment Year 2020-21 which was required to be filed on or before 31 ” March 2021, Belated and revised return for A.Y. 2020-21 (F.Y. 2019-20) can be filed till 31.05.2021
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Below mentioned compliances can be filed or payment can be made on or before 31″ May 2021

  •  Statement in Form No. 61 containing particulars of declarations received in Form No. 60 which is due to be furnished on or before 30th April 2021.

 

  • Payment of tax deducted under Section 194-IA (transfer of immovable property), Section 194-IB (payment of rent by individual or HUF) and Section 194M (payment by individual or HUF for contract, commission, professional services) and filing of challan-cum-statement for such tax deducted which are required to be paid and furnished by 30th April.

 

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