The Board of Direct Taxes (Income Tax Department) vide circular No. 12 of 2021 & Press Release dated 25.06.2021, in exercise of its power under section 119 of the Income-tax Act, 1961 (Act) has issued circular w.r.t. Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic and spike in Covid-19 cases and also announces tax exemption for expenditure on COVID-19 treatment and ex-gratia received on death due to COVID-19:
Extension Table
| Sl. | Nature of Extension | Provisions of IT Act 1961 | Original Due Date | Extended Due Date |
| 1 | Objections to Dispute Resolution Panel (DRP) and Assessing Officer under section 144C of the Income-tax Act, 1961 | Section 144C |
01.06.2021 |
31.08.2021 |
| 2 | The Statement of Deduction of Tax for the last quarter of the Financial Year 2020-21 | Rule 31A of the Income-tax Rules, 1962 |
31.05.2021 |
15.07.2021 |
| 3 | The Certificate of Tax Deducted at Source in Form No.16 | Rule 31 of the Income-tax Rules, 1962 |
15.06.2021 |
31.07.2021 |
| 4 | The Statement of Income paid or credited by an investment fund to its unit holder in Form No. 64D for the Previous Year 2020-21 | Rule 12CB of the Income-tax Rules, 1962 |
15.06.2021 |
15.07.2021 |
| 5 | 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 |
Rule 12CB of the Income-tax Rules, 1962 |
30.06.2021 |
31.07.2021 |
| 6 | The application in Form No. 10A/ Form No.10AB, for registration/ provisional registration/ intimation/ approval/ provisional approval of Trusts/ Institutions/ Research Associations etc., | Under Section 10 (23C), 12AB, 35 (1) (ii) /(iia) / (iii) and 80G of the Act |
30.06.2021 |
31.07.2021 |
| 7 | The compliances to be made by the taxpayers such as investment, deposit, payment, acquisition, purchase, construction or such other action, by whatever name called, for the purpose of claiming any exemption under the provisions contained in Section 54 to 54GB of the Act |
Section 54 to 54GB of the Act |
Between 01.04.2021 to 29.09.2021 |
30.09.2021 |
| 8 | 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 | Rule 37 BB of the Income-tax Rules, 1962 |
30.06.2021 |
31.07.2021 |
| 9 | The Equalization Levy Statement in Form No. 1 for the Financial Year 2020-21 |
30.06.2021 |
31.07.2021 |
|
| 10 | The Annual Statement required to be furnished by the eligible investment fund in Form No. 3CEK for the Financial Year 2020-21 |
Section 9A (5) of the Act |
29.06.2021 |
31.07.2021 |
| 11 | Uploading of the declarations received from recipients in Form No. 15G/15H during the quarter ending 30th June, 2021 |
Form No. 15G/15H |
15.07.2021 |
31.08.2021 |
| 12 | Exercising of option to withdraw pending application (filed before the erstwhile Income Tax Settlement Commission) in Form No. 34BB, w | under Section 245M (1) of the Act |
27.06.2021 |
31.07.2021 |
| 13 | Last date of linkage of Aadhaar with PAN | Section 139AA of the Act |
30.06.2021 |
30.09.2021 |
| 14 | Last date of payment of amount under Vivad se Vishwas (without additional amount) |
30.06.2021 |
31.08.2021 |
|
| 15 | Last date of payment of amount under Vivad se Vishwas (with additional amount) |
31.08.2021 |
||
| 16 | Time Limit for passing assessment order |
30.06.2021 |
30.09.2021 |
|
| 17 | Time Limit for passing penalty order |
30.06.2021 |
30.09.2021 |
|
| 18 | Time Limit for processing Equalisation Levy returns |
30.06.2021 |
30.09.2021 |
Clarifications by CBDT:
In view of the impact of the Covid-19 pandemic, taxpayers are facing inconvenience in meeting certain tax compliances and also in filing response to various notices. In order to ease the compliance burden of taxpayers during this difficult time, reliefs are being provided through Notifications nos. 74/2021 & 75/2021 dated 25th June, 2021 Circular no. 12/2021 dated 25th June, 2021.
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Source: Press Release and Notification
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The application under Section 10(23C), 12AB, 35(1)(ii)/(iia)/(iii) and 80G of the Act in Form No. 10A/ Form No.10AB, for registration/ provisional registration/ intimation/ approval/ provisional approval of Trusts/ Institutions/ Research Associations etc., required to be made on or before 30* June, 2021, may be made on or before 31°° August, 2021.