Circular No 12/2021 Income Tax Dates extended for Compliances

By | June 26, 2021
(Last Updated On: June 26, 2021)

F. NO.225/49/2021·IT A·II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

New Delhi. Dated 25 June. 2021

Subject: Extension of time limits of certain compliances to provide relief to
taxpayers in view of the severe pandemic· reg.
On consideration of genuine hardship being faced by the taxpayers in making
various compliances under the Income-tax Act. 1961 (hereinafter referred to as “the
Act”) in view of severe pandemic, the Central Board of Direct Taxes, in exercise of its
power under Section 119 of the Act, provides relaxation in respect of the following
compliances as under:

1) Objections to Dispute Resolution Panel (DRP) and AsseSSing Officer under
section 144C of the Act. for which the last date of filing under that Section is
1st June. 2021 or thereafter, may be filed within the time provided in that Section
or by 31 st August. 2021, whichever is later;
2) The Statement of Deduction of Tax for the last quarter of the Financial Year
2020-21 , required to be furnished on or before 31 st May, 2021 under Rule 31A
of the Income-tax Rules,1962 (hereinafter referred to as “the Rules”), as
extended to 30th June, 2021 vide Circular NO.9 of 2021 , may be furnished on or
before 15th July. 2021;
3) The Certificate of Tax Deducted at Source in Form No.16, required to be
furnished to the employee by 15th June, 2021 under Rule 31 of the Rules, as
extended to 15th July, 2021 vide Circular NO.9 of 2021 , may be furnished on or
before 31 st July. 2021 ;

4) The Statement of Income paid or credited by an investment fund to its unit
holder in Form No. 64D for the Previous Year 2020-21 , required to be furnished
on or before 15th June, 2021 under Rule 12CB of the Rules, as extended to 30th
June, 2021 vide Circular NO.9 of2021 , may be furnished on or before 15th July.
2021 ;
5) The Statement of Income paid or credited by an investment fund to its unit
holder in Form No. 64C for the Previous Year 2020-21, required to be furnished
on or before 30th June, 2021 under Rule 12CB of the Rules, as extended to 15th
July, 2021 vide Circular NO.9 of 2021 , may be furnished on or before 31 st July.
2021 ;

6) The application under Section 10(23C), 12AB, 35(1 )(ii)!(iia)!(iii) and 80G of
the Act in Form No. 10Af Form No.10AB. for registration! provisional
registration! intimation! approval! provisional approval of Trusts! Institutions!
Research Associations etc. required to be made on or before 30th June. 2021 .
may be made on or before 31 st August, 2021 ;
7) The compliances to be made by the taxpayers such as investment, deposit,
payment, acquisition, purchase, construction or such other action, by whatever
name called, for the purpose of claiming any exemption under the prov isions
contained in Section 54 to 54GB of the Act, for which the last date of such
compliance falls between 1st April,2021 to 29th September, 2021 (both days
inclusive), may be completed on or before 30lh September, 2021;
8) The Quarterly Statement in Form No. 15CC to be furnished by authorized
dealer in respect of remittances made for the quarter ending on 30th June, 2021 ,
required to be furnished on or before 15th July, 2021 under Rule 37 BB of the
Rules, may be furnished on or before 31 sl July, 2021 ;
9) The Equalization Levy Statement in Form No.1 for the Financial Year 2020-
21 , which is required to be filed on or before 30lh June, 2021 , may be furnished
on or before 31 s1 July,2021 ;

10)The Annual Statement required to be furnished under sub-section (5) of
section 9A of the Act by the eligible investment fund in Form No. 3CEK for
the Financial Year 2020-21 , which is required to be filed on or before 29th June,
2021 , may be furnished on or before 31 st July,2021;
11 )Uploading of the declarations received from reCipients in Form No. 15G!15H
during the quarter ending on 30lh June, 2021 , which is required to be
uploaded on or before 15th July,2021 , may be uploaded by 31 s1 August,2021 ;
12) Exercising of option under sub-section (1) of Section 245M of the Act in
Form No. 34BB which is required to be exercised on or before 27th June, 2021
may be exercised on or before 31 S1 July, 2021.

(Prajna Paramita)
Director to the Government of India

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About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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