In light of the adverse circumstances arising on account of the COVID-19 pandemic and considering several requests made by taxpayers, tax consultants, and other stakeholders from across the country that various compliance dates may be relaxed, CBDT vide circular 08/2021 dated 30-Apr-2021 has provided certain relaxations in the below compliance timelines-
Sl. No. |
Particulars |
Previous due date |
Extended due date |
1. |
Appeal to Commissioner (Appeals) under Chapter XX of the IT Act, 1961. |
On or after 1st April 2021 |
31st May 2021 or original due date whichever is later
|
2. |
Filing of objections to Dispute Resolution Panel (DRP) u/s 144C of the IT Act, 1961. |
On or after 1st April 2021 |
31st May 2021 or original due date whichever is later
|
3. |
Filing of return of income u/s 148. |
On or after 1st April 2021 |
31st May 2021 or original due date whichever is later
|
4. |
Filing of belated return u/s 139(4) & revised return u/s 139(5).
|
31st March 2021 |
31st May 2021 |
5. |
Payment of TDS u/s 194IA, 194IB & 194M and filing of challan-cum statement for such tax deducted.
|
30th April 2021 |
31st May 2021 |
6. |
Filing of Form 61.
|
30th April 2021. |
31st May 2021 |
Form 60 is a document to be filed by an individual or any other person (not company or firm) to carry out financial transactions that mandates quoting of PAN when
Form 60 is acceptable only in the case of scenario (b) in case the total income of a person exceeds the maximum amount that is not taxable in the year transaction. 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, maybe furnished on or before 31st May 2021.
Leave a Reply
Your email address will not be published. Required fields are marked *