Income-tax return and Audit report deadlines for FY 2020-21 - Further extended

 The Central Board of Direct Taxes (“CBDT”) has issued a press release dated 9 September 2021, wherein various compliance due dates applicable for Financial Year 2020-21 have been further extended to provide relief to taxpayers in view of the difficulties being faced. 

 

We have outlined below the extended due dates for your easy reference:

 

Sl. No	Particulars	Original due date	Extended due date vide circular dated 20 May 2021	Extended due date vide press release dated 9 Sep 2021
1	Return of Income (ROI) for individuals, etc	31 Jul 2021	30 Sep 2021	31 Dec 2021
2	Tax audit report in Form 3CD for FY 2020-21 (for taxpayers who have not entered into international transactions, i.e. non-TP cases)*	30 Sep 2021	31 Oct 2021	15 Jan 2022
3	Form 3CEB for FY 2020-21	31 Oct 2021	30 Nov 2021	31 Jan 2022
4	ROI of taxpayers (other than covered in points 1 and 5)	31 Oct 2021	30 Nov 2021	15 Feb 2022
5	ROI for persons who have entered into international transactions (TP cases)	30 Nov 2021	31 Dec 2021	28 Feb 2022
6	Belated or revised ROI for FY 2020-21	31 Dec 2021	31 Jan 2022	31 Mar 2022

 

Further, it has been clarified that the above extension of time for return of income will not be factored for calculation of interest under section 234A of the Income-tax Act, 1961 (where the net tax liability after reduction of advance tax, TDS, etc exceeds INR 1 lac).