Due to increasing cases of COVID-19 throughout the country, keeping in mind CBDT (Central Board of Direct Taxes) has issued Circular No.08/2021 thereby giving relaxation to the taxpayers in respect of their Income Tax compliances.
|Particulars||Original Due Date||Extended Due Date|
|The due date for filing Belated Return of Income u/s 139(4) and revised return u/s 139(5) of the Income Tax Act 1961 for the Assessment year 2020-21 (the financial year 2019-20)||31st March 2021||31st May 2021|
|Filing of SFT (Statement of financial transactions) as per section 285BA of the Income Tax Act 1961. (Form No.61)||30th April 2021||31st May 2021|
|Income Tax Return in response to notice u/s 148 of the Income Tax Act 1961||Date of filing of ROI under the said notice is 1st April 2021 or thereafter||Within the time period prescribed under the said; or 31st May 2021 whichever is later.|
|Appeal to CIT(A)||Last date of filing is 1st April 2021 or thereafter||Within the time provided under the section; or 31st May 2021 whichever is later.|
|Payment of Tax deducted and filing of challan-cum-statement u/s 194-IA [Purchase of immovable property], 194-IB [TDS on rent of property], and Section 194M [TDS on payments to Resident Contractors and professionals].||Paid and furnished by 30th April 2021 under R_30 of IT Rules 1962||Or or before 31st May 2021|
|Objections to DRP (Dispute Resolution Panel) u/s 144C of the Income Tax Act 1961||Under that section is 1st April 2021 or thereafter||Within the time provided under that section; or 31st May 2021 whichever is later.|
Recently on 24th April 2021, CBDT has further extended timelines in wake of increasing COVID cases for Department in terms of time limit for passing various notices, order, intimation as per the relevant section of the Act.