{"id":248480,"date":"2021-05-20T19:33:10","date_gmt":"2021-05-20T14:03:10","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=248480"},"modified":"2021-05-20T19:33:10","modified_gmt":"2021-05-20T14:03:10","slug":"government-extends-certain-timelines-in-light-of-severe-pandemic","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/05\/20\/government-extends-certain-timelines-in-light-of-severe-pandemic\/","title":{"rendered":"Government extends certain timelines in light of severe pandemic"},"content":{"rendered":"

The Central Government, in continuation of its commitment to address the hardship being faced by various stakeholders on account of the severe Covid-19 pandemic, has, on consideration of representations received from various stakeholders,decided\u00a0 to\u00a0 extend timelines for compliances under the Income-tax Act,1961 in the following cases, as under:<\/p>\n

    \n
  1. The Statement of Financial Transactions(SFT)<\/strong> for the Financial Year 2020-21, required to be furnished on or before 31st <\/sup>May, 2021 under Rule 114E of the Income-tax Rules, 1962 (hereinafter referred to as \u201cthe Rules\u201d) and various notifications issued thereunder, may be furnished on or before 30th<\/sup> June, 2021; <\/strong><\/li>\n<\/ol>\n

    \n

      \n
    1. The Statement of Reportable Account<\/strong> for the calendar year 2020, required to be furnished on or before 31st<\/sup> May, 2021 under Rule 114G of the Rules, may be furnished on or before 30th<\/sup> June, 2021<\/strong>;<\/li>\n<\/ol>\n

      \n

        \n
      1. The Statement of Deduction of Tax<\/strong> for the last quarter of the Financial Year 2020-21, required to be furnished on or before 31st<\/sup> May, 2021 under Rule 31A of the Rules, may be furnished on or before 30th<\/sup> June, 2021<\/strong>;<\/li>\n<\/ol>\n

        \n

          \n
        1. The Certificate of Tax Deducted at Source <\/strong>in Form No 16<\/strong>, required to be furnished to the employee by 15th<\/sup> June, 2021 under Rule 31 of the Rules, may be furnished on or before 15th<\/sup> July, 2021<\/strong>;<\/li>\n<\/ol>\n

          \n

            \n
          1. The TDS\/TCS Book Adjustment Statement <\/strong>in Form No 24Gfor the month of May 2021<\/strong>, required to be furnished on or before 15th<\/sup> June, 2021 under Rule 30 and Rule 37CA of the Rules, may be furnished on or before 30th<\/sup> June, 2021<\/strong>;<\/li>\n<\/ol>\n

            \n

              \n
            1. The Statement of Deduction of Tax<\/strong> from contributions paid by the trustees of an approved superannuation fund for the Financial Year 2020-21, required to be sent on or before 31st<\/sup> May, 2021 under Rule 33 of the Rules, may be sent on or before 30th<\/sup> June, 2021<\/strong>;<\/li>\n<\/ol>\n

              \n

                \n
              1. The Statement of Income paid or credited <\/strong>by an investment fund to its unit holder in Form No 64D<\/strong> for the Previous Year 2020-21, required to be furnished on or before 15th<\/sup> June, 2021 under Rule 12CB of the Rules, may be furnished on or before 30th<\/sup> June, 2021<\/strong>;<\/li>\n<\/ol>\n

                \n

                  \n
                1. The Statement of Income paid or credited<\/strong> by an investment fund to its unit holder in Form No 64C<\/strong> for the Previous Year 2020-21, required to be furnished on or before 30th <\/sup>June, 2021 under Rule 12CB of the Rules, may be furnished on or before 15th<\/sup> July, 2021<\/strong>;<\/li>\n<\/ol>\n

                  \n

                    \n
                  1. The due date offurnishing of Return of Income <\/strong>for the Assessment Year 2021-22<\/strong>, which is 31st<\/sup> July, 2021 under sub-section (1) of section 139 of the Act, is extended to 30th<\/sup> September, 2021<\/strong>;<\/li>\n<\/ol>\n

                    \n

                      \n
                    1. The due date offurnishing of Report of Audit<\/strong> under any provision of the Act for the Previous Year 2020-21, which is 30th<\/sup> September, 2021, is extended to 31st<\/sup> October, 2021<\/strong>;<\/li>\n<\/ol>\n

                      \n

                        \n
                      1. The due date of furnishing report\u00a0from an Accountant<\/strong> by persons entering into international transaction or specified domestic transaction under\u00a0section 92E <\/strong>of the Act for the Previous Year 2020-21,which is 31st<\/sup> October, 2021, is extended to 30th<\/sup> November, 2021<\/strong>;<\/li>\n<\/ol>\n

                        \n

                          \n
                        1. The due date of furnishing of Return of Income<\/strong> for the Assessment Year 2021-22<\/strong>, which is 31st<\/sup> October, 2021 under sub-section (1) of section 139 of the Act, is extended to 30th<\/sup> November, 2021<\/strong>;<\/li>\n<\/ol>\n

                          \n

                            \n
                          1. The due date of furnishing of Return of Income<\/strong> for the Assessment Year 2021-22<\/strong>, which is 30th<\/sup> November, 2021 under sub-section (1) of section 139 of the Act, is extended to 31st<\/sup> December, 2021<\/strong>;<\/li>\n<\/ol>\n

                            \n

                              \n
                            1. The due date offurnishing of belated\/revised Return of Income<\/strong> for the Assessment Year 2021-22<\/strong>, which is 31st<\/sup> December, 2021 under sub-section (4)\/sub-section (5) of section 139 of the Act, is extended to 31st<\/sup> January, 2022<\/strong>.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

                              The Central Government, in continuation of its commitment to address the hardship being faced by various stakeholders on account of the severe <\/p>\n","protected":false},"author":8808,"featured_media":26751,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1188,2],"tags":[],"class_list":["post-248480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot_off_the_press","category-news"],"yoast_head":"\nGovernment extends certain timelines in light of severe pandemic | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2021\/05\/20\/government-extends-certain-timelines-in-light-of-severe-pandemic\/\" \/>\n<meta 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The Quarterly statement in Form No. 15CC to be furnished by authorized dealer in respect of remittances made for the quarter ending on 30th\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/TAX_NEW.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/TAX_NEW.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/TAX_NEW.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/TAX_NEW.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/07\/TAX_NEW.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":253391,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/08\/30\/cbdt-extends-due-dates-for-electronic-filing-of-various-forms-under-the-income-tax-act-1961-2\/","url_meta":{"origin":248480,"position":1},"title":"CBDT extends due dates for electronic filing of various Forms under the Income-tax Act, 1961","author":"Bhumika Indulia","date":"August 30, 2021","format":false,"excerpt":"The Central Board of Direct Taxes (CBDT) has further extend the due dates for electronic filing of such Forms. The further details are as under: The application for registration or intimation or approval under Section 10(23C), 12A, 35(1)(ii)\/(iia)\/(iii) or 80G of the Act in Form No. 10A required to be\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"CBDT","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-159-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-159-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-159-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-159-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-159-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":255152,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/04\/cbdt-notifies-income-tax-31st-amendment-rules-2021\/","url_meta":{"origin":248480,"position":2},"title":"CBDT notifies Income Tax (31st Amendment) Rules, 2021","author":"Prachi Bhardwaj","date":"October 4, 2021","format":false,"excerpt":"The Central Board of Direct Taxes notified the Income Tax (31st Amendment) Rules, 2021 which seeks to further amend Income Tax Rules, 1962. Key changes brought by the amendment are as follows: \u00a0 The 31st Amendment Rules, 2021 has introduced new Rules 11UE and 11UF, after Rule UD for provisions\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"CBDT","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-159-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-159-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-159-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-159-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-159-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":247825,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/05\/03\/government-announces-various-relief-measures-for-taxpayers-under-gst-law-due-to-covid-19-pandemic\/","url_meta":{"origin":248480,"position":3},"title":"Government announces various relief measures for taxpayers under GST law due to COVID-19 pandemic","author":"Bhumika Indulia","date":"May 3, 2021","format":false,"excerpt":"On May 01, 2021, the Government has issued notifications providing various relief measures for taxpayers. These measures are explained below: 1.\u00a0\u00a0\u00a0\u00a0\u00a0 Reduction in rate of interest: Concessional rates of interest in lieu of the normal rate of interest of 18% per annum for delayed tax payments have been prescribed in\u2026","rel":"","context":"In "Hot Off The Press"","block_context":{"text":"Hot Off The Press","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/hot_off_the_press\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":274125,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/09\/21\/new-form-itr-a-for-successor-entities-to-furnish-their-return-of-income-notified-vide-income-tax-31st-amendment-rules-2022\/","url_meta":{"origin":248480,"position":4},"title":"New Form ITR-A for successor entities to furnish their return of income, notified vide Income-tax (31st Amendment) Rules, 2022","author":"Bhumika Indulia","date":"September 21, 2022","format":false,"excerpt":"On 19-09-2022, the Ministry of Finance has notified the Income-tax (31st Amendment) Rules, 2022 in order to amend Income-Tax Rules 1962 which will come into force from 01-11-2022. The amendment inserts a new Rule 12AD providing return of income under Section 170A and a new form ITR-A for \u2018successor entities\u2019\u2026","rel":"","context":"In "Legislation Updates"","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-182.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-182.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-182.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-182.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-182.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":178584,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/12\/27\/income-tax-25th-amendment-rules-2017-notified\/","url_meta":{"origin":248480,"position":5},"title":"Income Tax (25th Amendment) Rules, 2017 notified","author":"Saba","date":"December 27, 2017","format":false,"excerpt":"G.S.R.\u00a0\u00a0 1527(E).\u2014In exercise of the powers conferred by Section 282 read with Section 295 of the Income-tax \u00a0Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:\u2014 1.(1) \u00a0These rules may be called the Income \u2013tax\u2026","rel":"","context":"In "Foreign Legislation"","block_context":{"text":"Foreign Legislation","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/foreign\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/248480","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=248480"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/248480\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/26751"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=248480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=248480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=248480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}