In view of the continued challenges faced by taxpayers in meeting statutory compliances due to outbreak of COVID-19, the Govt further extends the dates for various compliances.
The revised due dates For Assessment year 2020-21 are as follows:
| Sno | Compliance | Previous ExtendedDue Date |
New ExtendedDue Date |
||
|---|---|---|---|---|---|
| 1 | Income Tax Return (for the taxpayers who are required to get their accounts audited) |
31-01-2021 | 15-02-2021 | ||
| 2 | Income Tax Return (for the taxpayers who are required to furnish report in respect of international/specified domestic transactions) |
|
|
||
| 3 | Income Tax Return (for the taxpayers who are not required to get their accounts audited ) |
31-12-2020 | 10-01-2021 | ||
| 4 | Tax Audit Reports | 15-01-2021 | |||
| 5 | GST Annual Return | 31-12-2020 | 28-02-2021 |
Apart from above government also extended following due dates:
- The last date for making Declaration under Vivad Se Vishwas Scheme has been extended to 31st January, 2021 from 31st December, 2020
- Extended Due date for payment of self assessment tax for
taxpayers whose self-assessment tax liability is upto Rs 1 lakh has been extended to 15th February, 2021 for the tax payers mentioned in Sno 1& 2 and to 10th January, 2021 for tax payer mentioned in Sno 3 of above table.
Read the announcement here
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