The government on Thursday extended the due date of filing income tax (IT) returns for 2020-21 for individuals by two months till 30 September. The Central Board of Direct Taxes (CBDT) has also extended the ITR filing deadline for companies by a month till November 30.
CBDT said an extension of time limits is being given for certain tax compliances “to provide relief to taxpayers in view of the severe pandemic”.
Granting major relief to taxpayers facing hardship due to the severe pandemic & in view of representations recd, the Central Govt extends certain timelines for compliances under IT Act. CBDT Circular No.9/2021 dated 20.05.2021 issued. Circular available on https://t.co/loEeiuxjTf pic.twitter.com/EFfzvCCRGD
— Income Tax India (@IncomeTaxIndia) May 20, 2021
As per the income tax law, for individuals whose accounts are not required to be audited and who usually file their income tax return using ITR-1 or ITR-4 forms the deadline to file ITR is July 31. The deadline for taxpayers, like companies or firms, whose accounts are required to be audited is October 31.
CBDT also said that the deadline for issuing Form 16 by employers to employees has been extended by a month till 15 July.
“Income Tax Dept will also launch its new e-filing portal http://incometax.gov.in on 7 June, 2021. Existing ITD portal http://incometaxindiaefiling.gov.in would not be available to taxpayers/other stakeholders for a brief period of 6 days, from 1 June, 2021 to 6 June, 2021,” according to a statement from the Income Tax Department.
Income Tax Department to launch its new e-filing portal https://t.co/GYvO3n9wMf on 7th June, 2021.
Existing ITD portal ie https://t.co/EGL31K6szN would not be available to taxpayers/other stakeholders for a brief period of 6 days i.e. from 1st June, 2021 to 6th June, 2021.(1/2) pic.twitter.com/hDHyIbMRKZ— Income Tax India (@IncomeTaxIndia) May 20, 2021
The CBDT had on April 1 notified forms for filing I-T returns for 2020-21 fiscal, and said that keeping in view the ongoing crisis due to COVID pandemic and to facilitate the taxpayers, no significant change has been made in comparison to the last year’s ITR Forms.