While Covid 19 is gripping the economy and operation of the nation , and where partial lockdowns have started to be made in the lands of India , the Government of India's Ministry of Finance via Central Board of Direct Taxes has used their power under Section 119 which empowers Central Board of Direct Taxes to any claim for exemption, deduction, refund and any other relief under the income tax act 1961 even after the expiry of the time limit to make such claim .
revised return under section 139(9) last date for filing revised return for ay 2020-21 revised return for ay 2020-21 return due date for ay 2020-21 revised return for ay 2019-20 revised return scrutiny revised return for ay 2019-20 extended revised return time limit
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:
Appeal to Commissioner (Appeals) under Chapter XX of the Income-tax Act, 1961 for which the last date of filing under that Section is 1" April 2021 or thereafter, may be filed within the time provided under that Section or by 31" May 2021 , whichever is later;
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 1" April 2021 or thereafter, may be filed within the time provided under that Section or by 31" May 2021 , whichever is later;
Income-tax return in response to notice under Section 148 of the Income-tax Act, 1961 ( Escaped Assessment ), for which the last date of filing of return of income under the said notice is 1" April 2021 or thereafter, may be filed within the time allowed under that notice or by 31" May 2021, whichever is later;
Filing of
Belated return under sub-section (4)139 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 " March 2021 , rnay be filed on or before 31" May 2021 ;
5. Payment of tax deducted under
a. Section 194-IA,
b. Section 194-IB and
c. Section 194M of the Income-tax Act, 1961 and filing of challan-cum-statement for such tax deducted, which are required to be paid and furnished by 30'h April 2021 under Rule 30 of the Income-tax Rules, 1962, may be paid and furnished on or before 31" May 2021 ;
6. Statement in Form No. 61, containing particulars of declarations received in Form No.60, which is due to be furnished on or before 30'h April 2021 , may be furnished on or before 31" May 2021.
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