SKPS AND CO.

Extension of Due Dates under Income Tax Act (FY 20-21)

The Government has extended Timelines for Certain Compliances to provide relief to the Taxpayers in view of the Pandemic

  • The Due Date for Filing Income Tax Return of FY 2020-21 has been extended to 30th September, 2021.
  • The Due Date for Filing Tax Audit Report of FY 2020-21 has been extended to 31st October, 2021.
  • The Due Date for Filing Income Tax Return for Taxpayers (including their partners) who are required to get their accounts Audited has been extended to 30th November, 2021.
  • The Due Date for Filing Audit Report under section 92E for FY 2020-21 has been extended to 30th November, 2021 and return for the same is to be filed by 31st December, 2021.
  • The Due Date for Filing Revised or Belated Income Tax Return for FY 2020-21 has been extended to 31st January, 2022.
  • The Certificate of TDS in Form No. 16 required to be furnished by Employer, may be furnished on or before 15th July, 2021.
  • Please Note that Interest under section 234A will be applicable where the Tax Liability exceeds Rs. 1 Lakh.

Source – https://twitter.com/IncomeTaxIndia/status/1395367874533871619?s=20

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