Extension of Various Due Dates of Income Tax Compliances

In view of the severity of the COVID-19 Pandemic, The Central Board of Direct Taxes (CBDT) has proactively extended time limits of certain compliances in order to provide relief to the taxpayers vide Circular No. 9 of 2021 dated 20th May, 2021.

We have summarized the due dates for various compliances as follows:

Particulars of CompliancePeriodOriginal Due Date  Extended Due Date
Statement of Financial Transactions (SFT)F.Y. 2020-21  31st May, 202130th June, 2021
Statement of Deduction of Tax (i.e. TDS Return)Quarter ended March, 2021  31st May, 202130th June, 2021
Certificate of Tax Deducted at Source in Form No. 16F.Y. 2020-21  15th June, 202115th July, 2021
TDS / TCS Book Adjustment Statement in Form 24G  May, 202115th June, 202130th June, 2021
Return of Income for Assessees NOT Liable to Tax Audit / Transfer Pricing Audit  F.Y. 2020-2131st July, 202130th September, 2021 *
Tax Audit Report in Form 3CA-3CD / 3CB-3CD  F.Y. 2020-2130th September, 202131st October, 2021
Return of Income for Assessees Liable to Tax Audit  F.Y. 2020-2131st October, 202130th November, 2021 *
Transfer Pricing Report in Form 3CEB    F.Y. 2020-2131st October, 202130th November, 2021
Return of Income for Assessees Liable to Transfer Pricing  F.Y. 2020-2130th November, 202131st December, 2021 *
Furnishing of Belated / Revised Return of Income  F.Y. 2020-2131st December, 202131st January, 2022

Note (*):

  1. Interest u/s 234A of the Income Tax Act, 1961 shall be applicable where Self Assessment Tax payable is exceeding Rs. 1 Lakh.
  2. In case of Individual Resident Assessee, if Self Assessment Tax is Paid within Original Due date as mentioned above, the same shall be deemed to be Advance Tax for the purpose of Section 234A.

To view the Circular: CLICK HERE