Important due dates of Income Tax Compliance_FY 2020-21 (AY 2021-22)

 


In today’s scenario, where certain relief/ extensions are being granted by the CBDT regarding reporting/ filing of Income Tax Compliances, it has become somehow difficult to remember the actual due date of the same. One needs to comply with the filing/ reporting requirement within applicable due dates, as failure to which will result into the levy of penalty or interest or both.

However, dear readers you don’t have to bother about it, we have made it easy for you to take note of applicable due dates by providing the details in simpler way as follows:

Chart for Income tax related due dates for the FY 2020-21 (AY 2021-22)

Due date chart- FY 2020-21 (AY 2021-22)
Reporting/ Filing requirements

Original Due date

Extended due date (Note-1)

1. SFT filing- Form No. 61A

31-05-2021

30-06-2021

2. TDS return for 4th Quarter

31-05-2021

30-06-2021

3. Tax Audit Report- Form No. 3CA-3CD

 a. Audit u/s. 92E is applicable (Transfer Pricing Audit)

31-10-2021

30-11-2021

  b. Audit u/s. 92E is not applicable (Transfer Pricing Audit)

30-09-2021

31-10-2021

4. Income Tax Return (Note-2) 

a. Audit u/s. 92E is applicable (Transfer Pricing Audit)

30-11-2021

31-12-2021

b. Audit u/s. 92E is not applicable (Transfer Pricing Audit)

31-10-2021

30-11-2021

c. Other than above (Non- Audit cases)

31-07-2021

30-09-2021

d. Belated returns- For all

31-12-2021

31-01-2022

5. Transfer Pricing

a. Audit Report u/s. 92E - Form No. 3CEB

31-10-2021

30-11-2021

b. Form No. 3CEAB

31-10-2021

Note-3

c. Form No. 3CEAA

30-11-2021

 Notes:

1.  As per CBDT Circular No.9/2021 in F.No.225/49/2021/ITA-II dated 20-05-2021. (link for downloading the circular: https://www.incometaxindia.gov.in/communications/circular/circular_9_2021.pdf)

 

2.  Please note, for the purpose of charging interest u/s. 234A, the original due dates will be considered by the department in case where self-assessment tax payable exceeds Rs.1 Lakh.

 

3.  As per Rule 10DA of Income Tax, Report in Form No.3CEAA is required to be furnished on or before the due date of filing the return of income as specified in section 139(1) and the intimation in Form no. 3CEAB is required to be furnished 30 days before the due date of furnishing Form No. 3CEAA, accordingly we believe the extended due dates shall squarely apply for these too. However, in the said circular nothing has been provided regarding the same and also the tax calendar as per Income Tax website shows the original due date i.e., 30-10-2021 as applicable for furnishing Form no. 3CEAA and 3CEAB. This needs to be taken care by the tax payers while complying with the requirements.

If you have any query related to the article please reach us via mail:-mrinkblog@gmail.com 

Advisory: Information relates to the law prevailing in the year of publication as indicated. The above article is only to enable public to have a quick and an easy understanding. Viewers are advised to ascertain the correct position/prevailing law before relying upon any document.

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