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Advance Tax : Due date 15.03.2023
Due dates Advance Tax is payable on or before 15th June, 15th September, 15th December & 15th March. So, the ...
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Link Aadhaar to PAN
As per CBDT circular F. No. 370142/14/22-TPL dated on 30th March 2022, every person who has been allotted a PAN ...
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Income Tax portal under scheduled maintenance
Due to scheduled maintenance activities, e-filing site and associated services will not be available from 10 pm on 25th February ...
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CBDT specified TN Govt officials as the authority for sharing info about taxpayers
The Central Government specifies ‘Secretary (Information Technology & Digital Service Department), Directorate of e-Governance, Government of Tamil Nadu’ for the ...
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Income Tax Calculator – old regime vs new regime
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LLP receiving share of profit from other partnership firm is eligible for exemption under Income Tax
The ITAT, Bangalore in M/s Mulberry Textiles LLP v. ITO [ITA No. 757/Bang/2022 dated January 3, 2023] has held that, ...
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NOTIFICATION
| Date | Notification No. | Amendment | Download |
| 29.07.2021 | G.S.R. 514(E) ; 83/2021/F. No. 370142/30/2021-TPL] | The Income-tax (21st Amendment) Rules, 2021. after rule 129, the following rules shall be inserted, namely:- 1) Rule 130. Omission of certain rules and Forms and savings 2) Rule 131. Electronic furnishing of Forms, Returns, Statements, Reports, orders etc.- | Click here |
CIRCULAR
11.01.2022 : Extension of timelines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22– reg.
Circular No.15/2021 dated 03.08.2021 :Extension of time lines for e-filing of various Forms under the Income Tax Act, 1961
CBDT has considered the difficulties reported by the taxpayers and other stakeholders in e-filing of certain Forms under the provision of Income Tax Act, 1961 read with Income-tax Rules, 1962 and extends the due date as mentioned below:
- The Quarterly statement in Form No. 15CC to be furnished by authorized dealer in respect of remittances made for the quarter ending on 30th June, 2021 , required to be furnished on or before 15th July, 2021 under Rule37BB of the Rules, as extended to 31’t Ju1Y,2021 vide Circular No.1 2 of2021 dated 25.06.2021 , may be filed on or before 31 st August, 2021;
- The Equalization Levy Statement in Form No.1 for the Financial Year 2020- 21, which was required to be filed on or before 30th June, 2021 , as extended to 31 st July, 2021 vide Circular No.12 of 2021 dated 25.06.2021, may be filed on or before 31 st August, 2021;
- The Statement of Income paid or credited by an investment fund to its unit holder in Form No. 640 for the Previous Year 2020-21 , required to be furnished on or before 15th June, 2021 under Rule 12CB of the Rules, as extended to 15th Ju1Y,2021 vide Circular No.12 of2021 dated 25.06.2021 , may be furnished on or before 15th September,2021 ;
- The Statement of Income paid or credited by an investment fund to its unit holder in Form No. 64C for the Previous Year 2020-21 , required to be furnished on or before 30th June, 2021 under Rule 12CB of the Rules, as extended to 31st July, 2021 vide Circular No. 12 of 2021 dated 25.06.2021 , may be furnished on or before 30th September, 2021 .
Further due to non-availability of the utility for e-filing of certain forms, the CBDT, in exercise of the powers under Section 119 of the Act, extends the due dates for e-filing of such forms as under:
- Intimation to be made by a Pension Fund in respect of each investment made by it in India in Form No. 10BBB for the quarter ending on 30th June,2021 , required to be furnished on or before 31 st Ju1Y,2021 under Rule 2DB of the Rules, may be furnished on or before 30th September, 2021 ;
- Intimation to be made by Sovereign Wealth Fund in respect of investments made by it in India in Form II SWF for the quarter ending on 30th June,2021, required to be furnished on or before 31 st Ju1Y,2021 as per Circular No.15 of 2020 dated 22.07.2020, may be furnished on or before 30th September, 2021.
CBDT also clarifies that the above said forms , e-filed, after the expiry of time limits provided as per Circular No.12 of 2021 dated 25.06.2021 or as per the relevant provisions, till date, will stand regularised accordingly. Read Circular