In view of the continued challenges faced by taxpayers in meeting statutory compliances due to outbreak of COVID-19, the Govt further extends the dates for various compliances.

Due date for filing ITR (Non tax audit) extended till 10/01/2021.

Due date for filing Tax Audit and TP Audit Report extended till 15/01/2021.

Due date for filing ITR (Tax audit and TP audit) extended till 15/02/2021.

Vivad Se Vishwas Scheme extended till 31/01/2021.

Due Date for filing GSTR-9, 9A, 9C for F.Y. 2019-20 extended till 28/02/2021.

Government of India
Ministry of Finance
Department of Revenue

New Delhi 30th December, 2020

PRESS RELEASE

Extension of time limits

In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government brought the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (The Ordinance’) on 31st March, 2020 which, inter alia, extended various time limits. The Ordinance has since been replaced by the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act.

2. The Government issued a Notification on 24th June, 2020 under the Ordinance which, inter alia, extended the due date for all Income Tax Returns for the FY 2019-20 (AY 2020-21) to 30th November, 2020. Hence, the returns of income which were required to be filed by 31st July, 2020 and 31st October, 2020 were required to be filed by 30th November, 2020. Consequently, the date for furnishing various audit reports including tax audit report under the Income-tax Act, 1961 (the Act) was also extended to 31st October, 2020.

3. In order to provide more time to taxpayers for furnishing of Income Tax Returns, the due date was further extended vide notification No 88/2020/F. No. 370142/35/2020-TPL dated 29th October, 2020:

(A) The due date for furnishing of Income Tax Returns for the taxpayers (including their partners) who are required to get their accounts audited [for whom the due date (i.e. before the said extension) as per the Act was 31st October, 2020] was extended to 31st January,

(B) The due date for furnishing of Income Tax Returns for the taxpayers who are required to furnish report in respect of international/specified domestic transactions [for whom the due date (i.e. before the said extension) as per the Act was 30th November, 2020] was extended to 31st January, 2021.

(C) The due date for furnishing of Income Tax Returns for the other taxpayers [for whom the due date (i.e. before the said extension) as per the Act was 31st July, 2020] was extended to 31st December, 2020.

(D) Consequently, the date for furnishing of various audit reports under the Act including tax audit report and report in respect of international/specified domestic transaction was also extended to 31st December, 2020.

4. Considering the problems being faced by the taxpayers, it has been decided to provide further time to the taxpayers for furnishing of Income Tax Returns, tax audit reports and declaration under Vivad Se Vishwas Scheme. Further, in order to provide more time to taxpayers to comply under various ongoing proceedings, the dates of completion of proceedings under various Direct Taxes & Benami Acts have also been extended. These extensions are as under:

a. The due date for furnishing of Income Tax Returns for the Assessment Year 2020-21 for the taxpayers (including their partners) who are required to get their accounts audited and companies [for whom the due date, as per the provisions of section 139(1) of the Income-tax Act,1961, was 31st October, 2020 and which was extended to 30th November, 2020 and then to 31st January, 2021] has been further extended to 15th February. 2021.

b. The due date for furnishing of Income Tax Returns for the Assessment Year 2020-21 for the taxpayers who are required to furnish report in respect of international/specified domestic transactions [for whom the due date, as per the provisions of section 139(1) of the Income-tax Act,1961, was 30th November, 2020 and which was extended to 31st January, 2021] has been further extended to 15th February, 2021.

c. The due date for furnishing of Income Tax Returns for the Assessment Year 2020-21 for the other taxpayers [for whom the due date, as per the provisions of section 139(1) of the Income-tax Act, 1961, was 31st July, 2020 and which was extended to 30th November, 2020 and then to 31st December, 2020] has been further extended to 10th January, 2021.

d. The date for furnishing of various audit reports under the Act including tax audit report and report in respect of international/specified domestic transaction for the Assessment Year 2020-21 has been further extended to 15th January, 2021.

e. The last date for making a declaration under Vivad Se Vishwas Scheme has been extended to 31s‘ January, 2021 from 31st December, 2020.

f. The date for passing of orders under Vivad Se Vishwas Scheme, which are required to be passed by 30th January, 2021 has been extended to 31st January, 2021.

g. The date for passing of order or issuance of notice by the authorities under the Direct Taxes & Benami Acts which are required to be passed/ issued/ made by 30th March, 2021 has also been extended to 31st March, 2021.

5. Further, in order to provide relief for the third time to small and middle class taxpayers in the matter of payment of self-assessment tax, the due date for payment of self-assessment tax date is hereby again being extended. Accordingly, the due date for payment of self-assessment tax for taxpayers whose self-assessment tax liability is up to Rs. 1 lakh has been extended to 15′h 2021 for the taxpayers mentioned in para 4(a) and para 4(b) and to 10th January, 2021 for the taxpayers mentioned in para 4(c).

6. The Government has also extended the due date of furnishing of annual return under section 44 of the Central Goods and Services Tax Act, 2017 for the financial year 2019-20 from 31st December, 2020 to 28th February, 2021.

7. The necessary notifications in this regard shall be issued in due course.

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25 Comments

  1. suresh says:

    Although the deadline is extended to 31.1.2021, today when I filed the ITR-1 online the systems has levied 10,000/- us 234F. I think this is leviable only if filed after 10.1.2021

  2. RAVEE S says:

    The time limit extension is NOT SUFFICIENT & NOT SATISFIED also there announcement at the end is showing their attitude. Now the People will understand how they made a blunder mistake of GIVING THEM BRUTAL MAJORITY & THEIR ADAMONT ATTITUDE. The people will definitely show their ANGER in the COMING ELECTIONS.

  3. vswami says:

    IMPROMptu
    “In view of the continued challenges FACED BY TAXPAYERS in meeting statutory compliances due to outbreak of COVID-19, the Govt further extends the dates for various compliances.”
    FONT (to focus) < To one's understanding, the plea for such extensions has been repetitively made mostly by the practising professionals advising / assisting taxpayers; not necessarily by taxpayers themselves. And, the Government has in its benevolence / generosity , been accommodating , by acceding to such plea(s).

    Be that as it may, however, in the ultimate analysis, it is the taxpayers who would be obliged to bear the brunt/ consequential burden of the 'interest' chargeable on more than one ground ; it is a sad commentary that certainly cannot be taken to have been really intended – AGREE ?!? #
    For MORE . – look through the Pr. Posts wprt the Articles and Viewpoints / comment shared @

    https://taxguru.in/income-tax/section-234a-interest-despite-it-return-due-date-extension.html

    https://taxguru.in/income-tax/govt-extends-9-due-dates-income-tax-law-benami-laws.html

  4. SUSHIL Sureka says:

    While the government has extended dates, it still does not appear to have taken due cognizance of the prevailing market situation and continuing disruption caused by COVID-19. This time around, they have made a mockery with some of the due date extensions. Both in Direct and Indirect Taxes, its officers take hell lot of time in issuing requisite forms/ information and then dates are extended piecemeal, and you have to again go to them with a begging bowl.
    Sushil Sureka. Indore

  5. Nayan Desai says:

    This Govt. dosn’t think about common people’s headache, how they are preparing what time is going on, how to face these circumstances, trains are not running for people, how people reach their offices? Bank’s having half staffs, corporate offices also having shortage of staffs, nothing is going smoothly & GOVT done only 10 days & 15 days extension? unbearable sorry to say but it is worst thing.

  6. Ashwini B H says:

    Is there any possible due date extension GST audit of 2018-19 ..still we have lot of work pending due to covid -19 and some clients are still not given any information fully.

  7. SO says:

    The time limits extended yesterday are not sufficient. An altration would be required in the grounds of the writ filed in the Gujrat & Bombay High Courts to amend the extensions appropriately

  8. DEEPAK SONJE says:

    WHAT IS THIS THIS GOVT OF INDIA IS NOT CONSIDERING ABOUT PEOPLE THEY THINK ABOUT ONLY COLLECTION OF TAXES ANY HOW BUT THE QUESTION ARISE …………………?

  9. Sivam says:

    Due date extension for GSTR 9 and 9 C for 2018-19 is also needed. Every body struggling in the sheer pressure of work load with various due dates. Please refer for extension of 2018-19 GSTR 9 & 9 C.

  10. VARMA says:

    Very dis-satisfied with the CG’s extension only up to 15-02. It is basic duty of any Govt. keep all necessary systems up and working all times in order that its subjects honestly follow all acts, rules etc., Why there are no penalties for Govt & its officials? Under GST law, both CG & SGs are becoming unduly rich by these LATE FEE & PENALTIES. Who will correct this?

  11. Manasa says:

    Dear Sir/Madam,
    Can you please confirm the due date for filing/ submission of documents for 12A Registration/ renewal certificate. Thank you.

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