In a reduction for taxpayers, the Central Board of Direct Taxes (CBDT) has prolonged the due dates for submitting of varied digital varieties beneath the Revenue Tax Act, 1961.
In a press release, the Finance Ministry stated that the transfer comes on the again of difficulties reported by taxpayers and different stakeholders.
“On consideration of difficulties reported by the taxpayers and different stakeholders in digital submitting of sure Kinds beneath the provisions of the Revenue Tax Act, 1961, learn with Revenue Tax Guidelines, 1962 (Guidelines), the Central Board of Direct Taxes (CBDT) has determined to additional lengthen the due dates for digital submitting of such varieties,” it stated.
The applying for registration or intimation or approval beneath Sections 10(23C), 12A, 35(1)(ii)/(iia)/(iii) or 80G of the Act in Kind No 10A required to be filed on or earlier than June 30, 2021, and prolonged to August 31, could now be filed on or earlier than March 31, 2022.
Additional, the applying for registration or approval beneath Sections 10(23C), 12A or 80G of the Act in Kind No 10AB, for which the final date for submitting falls on or earlier than February 28, 2022, could also be filed on or earlier than March 31, 2022, it stated.
“The Equalisation Levy Assertion in Kind No 1 for the Monetary Yr 2020- 21, which was required to be filed on or earlier than June 30, 2021, as prolonged to August 31, 2021 vide Round No 15 of 2021 dated August 3, 2021, could also be filed on or earlier than December 31, 2021,” stated the assertion.
Amongst different relaxations, the Finance Ministry stated that importing of the declarations acquired from recipients in Kind No 15G/15H in the course of the quarter ending June 30, which was initially required to be uploaded on or earlier than July 15, and subsequently by August 31, could also be uploaded on or earlier than November 30.
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