The Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) have extended the filing and/or payment deadlines of various tax returns and forms, including income tax returns for the assessment year (AY) 2021/22, in view of various difficulties reported by taxpayers and stakeholders.
Direct tax
The filing deadline of the following returns and reports have been extended further:
- income tax return for the AY 2021/22:
- due on 31 July 2021: from 30 September 2021 to 31 December 2021;
- due on 31 October 2021: from 30 November 2021 to 15 February 2022; and
- due on 30 November 2021: from 31 December 2021 to 28 February 2022;
- belated/revised income tax return for AY 2021/22 due on 31 December 2021: from 31 January 2022 to 31 March 2022;
- report of audit for the previous year (PY) 2020/21 due on 30 September 2021: from 31 October 2021 to 15 January 2022; and
- report from an accountant for persons entering international transactions or specified domestic transactions for PY 2020/21 due on 31 October 2021: from 30 November 2021 to 31 January 2022.
Vivad Se Vishwas Scheme
The last day of payment under the Vivad Se Vishwas Scheme (without any additional amount) has been extended further from 31 August 2021 to 30 September 2021.
Indirect tax
- The last day of availing the late fee amnesty scheme for failure to furnish Form GSTR-3B for the tax periods July 2017 to April 2021 has been extended from 31 August 2021 to 30 November 2021.
- The last day of application for revocation of cancellation of registration where the due date of filing the application falls between 1 March 2020 and 31 August 2021 has been extended to 30 September 2021.
- The last day of filing FORM GSTR-3B and FORM GSTR-1/IFF by companies using electronic verification code instead of a digital signature certificate has been extended to 31 October 2021.
The due date for the following submissions have also been extended/further extended, as applicable:
- application under section 10(23C), section 12A, section 35(1)(ii), section 35(1)(iia), section 35(1) (iii) and section 80G in Form 10A due on 30 June 2021: extended further from 31 August 2021 to 31 March 2022;
- application under section 10(23C), section 12AB, section 35(1)(ii), section 35(1)(iia), section 35(1) (iii) and section 80G in Form 10AB due on 28 February 2022: extended to 31 March 2022;
- equalization levy statement in Form No. 1 for the FY 2020/21 due on 30 June 2021: extended further from 31 August 2021 to 31 December 2021;
- quarterly statement in Form No. 15CC:
- for the quarter ended 30 June 2021: extended further from 31 August to November 2021; and
- for the quarter ending 30 September 2021: extended from 15 October to 31 December 2021;
- uploading of declarations received from recipients in Form No. 15G/15H:
- for the quarter ended 30 June 2021: extended further from 31 August to 30 November 2021; and
- for the quarter ending 30 September 2021: extended from 15 October to 31 December 2021;
- intimation to be made by a sovereign wealth fund in Form II SWF or a pension fund in Form No. 10BBB:
- for the quarter ended 30 June 2021: extended further from 30 September to 30 November 2021; and
- for the quarter ending 30 September 2021: extended from 31 October to 31 December 2021; and
- intimation by a constituent entity, resident in India, of an international group, the parent entity of which is not resident in India in Form No.3CEAC; report by a parent entity or an alternate reporting entity or any other constituent entity, resident in India in Form No. 3CEAD; and intimation on behalf of an international group for the purposes of the proviso to sub-section (4) of section 286 of the Income Tax Act in Form No. 3CEAE: extended from 30 November 2021 to 31 December 2021.