CBDT Circular 8/2021: Extension of Certain Timelines

CBDT extends certain Income Tax compliance timelines, as relief to taxpayers in view of the severe spread of pandemic COVID 19, vide Circular 8/2021 dt. 30/04/2021.

CBDT Income Tax Circular 8/2021  dt. 30/04/2021: Extension of time lines related to certain compliances by the Taxpayers under the Income-tax Act 1961

In view of severe pandemic, the Central Board of Direct Taxes, in exercise of its powers under Section 119 of the Income-tax Act, 1961, provides following relaxation in respect of Income-tax compliances by the taxpayers:

a) Appeal to Commissioner (Appeals) under Chapter XX of the Income-tax Act, 1961 for which the last date of filing under that Section is 01/04/2021 or thereafter, may be filed within the time provided under that Section or by 31/05/2021, whichever is later;

b) Objections to Dispute Resolution Panel (DRP) under Section 144C of the Income-tax Act, 1961, for which the last date of filing under that Section is 01/04/2021 or thereafter, may be filed within the time provided under that Section or by 31/05/2021, whichever is later;

c) Income-tax return in response to notice under Section 148 of the Income-tax Act, 1961, for which the last date of filing of return of income under the said notice is 01/04/2021 or thereafter, may be filed within the time allowed under that notice or by 31/05/2021, whichever is later;

d) Filing of belated return under sub-section (4) and revised return under sub-section (5) of Section 139 of the Income-tax Act, 1961 for Assessment Year 2020-21, which was required to be filed on or before 31/03/2021, may be filed on or before 31/05/2021;

e) Payment of tax deducted under Section 194-IA, Section 194-IB and Section 194M of the Income-tax Act, 1961 and filing of challan-plus-statement for such tax deducted, which are required to be paid and furnished by 30/04/2021 under Rule 30 of the Income-tax Rules, 1962, may be paid and furnished on or before 31/05/2021;

f) Statement in Form No. 61, containing particulars of declarations received in Form No. 60, which is due to be furnished on or before 30/04/2021, may be furnished on or before 31/05/2021.