BBNC

Ministry of Finance in a recent circular no-12 dated 25^th June 2021 gave the extension of time limits of certain compliances to provide relief to taxpayers in view of the ongoing pandemic:

Below are the due dates of compliances extended:

1. The TDS return for the last quarter of the FY 2020-21 is further extended to 15^th July, which is earlier due on 30^th June 2021.
2. The due date of Issuance of Form 16 to the employees by the employer which is due on 15^th July 2021 is further extended to 31^st July 2021.
3. The due date to furnish Form No.64D (Statement of Income paid or credited by an investment fund to its unitholders) for the FY 2020-2021 which is due on 30^th June is further extended to 15^th July 2021.
4. The due date to furnish Form No.64C (Statement of Income paid or credited by an investment fund to its unitholders) for the FY 2020-2021 which is due on 30^th June is further extended to 31^st July 2021.
5. The due date to furnish Form 10A/Form No.10AB which is due on 30^th June is further extended to 31^st August 2021.
6.  The compliances to be made by the taxpayers as per sections 54 to 54GB of the Incometax Act between 1st April 2021 to 29^th September 2021 (both days inclusive), completed on 30th September 2021.
7. Issuance of Form No. 15CC by an authorized dealer for the quarter ending on 30^th June 2021, which is due on 15^th July is extended to 31^st July 2021.
8. The equalization levy statement in Form No-1 for the FY 2020-2021 is extended to 31^st July 2021.
9. Uploading of the declarations received from recipients in Form No. 15G/15H during the quarter ending on 30th June 2021, is extended to 31^st August 2021.
10. Linkage of PAN with Aadhar is extended to 30^th September 2021.
11. The last date of Payment of Vivad se Viswad Scheme is extended to:
    31^st August – Without Additional Amount
    31^st October – With Additional Amount
12. Time Limit for Passing Assessment Order is extended to 30^th September 2021.

If you have any queries feel free to write to us at info@bbnc.in