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).
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