Tuesday, September 21, 2021

Income Tax Return: Govt Extends Deadline, Announces Further Relaxations For E-filing of ITR

New Delhi: In an enormous reduction for the taxpayers, the Central Board of Direct Taxes (CBDT) on Tuesday issued a contemporary round and introduced the extension of the deadline for submitting sure types below the Revenue-Tax Act, 1961. In a press release, the CBDT mentioned the tax submitting due dates have been prolonged in view of the difficulties being confronted by taxpayers and different stakeholders within the digital submitting of those types. The deadline for digital submitting has been prolonged for sure types.Additionally Learn – Revenue Tax Varieties E-Submitting: CBDT Extends Due Date to Submit Type 15CA/15CB in Handbook Format Until THIS Date

Aside from this, the CBDT has additionally granted leisure within the digital submitting of varied types below the Revenue-tax Act,1961 within the submitting of types on-line on the brand new e-filing portal http://incometax.gov.in. Additionally Learn – Revenue Tax Division Finds ₹ 300 Crore Black Cash After Raids at Hyderabad Firm

Copy of the notification:  Additionally Learn – Centre Extends Final Date For Handbook Submitting of Revenue Tax Returns On International Remittance Until July 15

“On consideration of difficulties reported by taxpayers & different stakeholders in digital submitting of sure Varieties below the IT Act,1961, CBDT has additional prolonged the due dates for digital submitting of such Varieties vide Round No.15/2021 dated 03.08.2021,” tweeted the revenue tax division. Listed below are the main points:

  1. The CBDT mentioned that the Quarterly assertion in Type No. 15CC to be furnished by approved vendor in respect of remittances made for the quarter ending on thirtieth June, 2021, required to be furnished on or earlier than fifteenth July, 2021 below Rule 37BB of the Guidelines, as prolonged to thirty first July, 2021 vide Round No.12 of 2021 dated 25.06.2021, could also be filed on or earlier than thirty first August, 2021.
  2. The CBDT additional added that the Equalization Levy Assertion in Type No.1 for the Monetary Yr 2020- 21, which was required to be filed on or earlier than thirtieth June, 2021, as prolonged to thirty first July, 2021 vide Round No.12 of 2021 dated 25.06.2021, could also be filed on or earlier than thirty first August, 2021.
  3. Within the assertion, the CBDT said that the Assertion of Revenue paid or credited by an funding fund to its unit holder in Type No. 64D for the Earlier Yr 2020-21, required to be furnished on or earlier than fifteenth June, 2021 below Rule 12CB of the Guidelines, as prolonged to fifteenth July, 2021 vide Round No.12 of 2021 dated 25.06.2021, could also be furnished on or earlier than fifteenth September, 2021.
  4. It additionally added that the Assertion of Revenue paid or credited by an funding fund to its unit holder in Type No. 64C for the Earlier Yr 2020-21, required to be furnished on or earlier than thirtieth June, 2021 below Rule 12CB of the Guidelines, as prolonged to thirty first July, 2021 vide Round No.12 of 2021 dated 25.06.2021, could also be furnished on or earlier than thirtieth September, 2021.
  5. The CBDT additionally thought of the non-availability of the utility for e-filing of sure types and determined to increase the due dates for digital submitting of such Varieties as below:
  6. Intimation to be made by a Pension Fund in respect of every funding made by it in India in Type No. 10BBB for the quarter ending on thirtieth June,2021, required to be furnished on or earlier than thirty first July,2021 below Rule 2DB of the Guidelines, could also be furnished on or earlier than thirtieth September, 2021;
  7. Intimation to be made by Sovereign Wealth Fund in respect of investments made by it in India in Type II SWF for the quarter ending on thirtieth June, 2021, required to be furnished on or earlier than thirty first July, 2021 as per Round No.15 of 2020 dated 22.07.2020, could also be furnished on or earlier than thirtieth September, 2021.

Latest news

Related news

LEAVE A REPLY

Please enter your comment!
Please enter your name here