Income Tax (CBDT) Due Date Extended beyond May, 2021 [Extension Table]

The Board of Direct Taxes (Income Tax Department) vide circular No. 09/2021, (F. NO.225/49/2021-ITA-1I dated 20.05.2021, 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:

Extension Table

SrNoNatureofExtensionOriginalduedateNewDueDates
1Statement of Financial Transact ions u/s 285BA (SFT)31.05.202130.06.2021
2Statement of Reportable Account under Rule 114G31.05.202130.06.2021
3Statement of Tax deduction at source for the quarter ending 3151 March 202131.05.202130.06.2021
4Issue of TDS certificates in Form 16 for the Financial Year 2020- 2115.06.202115.07.2021
5TDS/TCS Book adjustment statement in Form 24G for the month of May 202115.06.202130.06.2021
6Statement of Deduction of Tax in the case of superannuationfund for FY 202131.05.202130.06.2021
7Statement of Income paid or credited by an investment fund to its unit’s holder in Form 64D for FY 202115.06.202130.06.2021
8Statement of Income paid or credited by an investment fundto its unit’s holder in Form 64C for FY 202130.06.202115.07.2021
9Income Tax Returns – Normal assessee without audits – FY202131.07.202130.09.2021
10Filing of Audit Reports viz. Tax Audit Reports, Form 67 etc. – FY 202130.09.202131.10.2021
11Due date of Furnishing Report from Accountant in respect ofInternational Transactions covered  u/s 92E31.10.202130.11.2021
12Corporate assessee or Firm covered whose accounts required to be audited or Partner of Firm whose accounts are required to be audited or any assessee other than Corporate and Firm whose accounts are required to be audited31.10.202130.11.2021
13Assessee required to furnish return u/s 92E in respect of international Transactions30.11.202131.12.2021
14Belated Returns and Revised Returns31.12.202131.01.2021

Kindly Note that:Note: all above extensions is planned in view of New ITD portal to belaunched from June 7,,2021.

  • Clarifications by CBDT:

1. Non – Applicability: the extension of the dates as referred to in clauses(9), (12) and (13) above shall not apply to Explanation 1 to section 234A of the Act, incases where the amount of tax on the total income as reduced by the amount asspecified in clauses (i) to (vi) of sub-section (1) of that section exceeds one lakhrupees.

2. For the purpose of Clarification 1, in case of an individual resident inIndia referred to in sub-section (2) of section 207 of the Act, the tax paid by him undersection 140A of the Act within the due date (without extension under this Circular)provided in that Act, shall be deemed to be the advance tax.

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