Income tax compliance calendar
There are various compliances that need to be taken care of by corporate as well as non-corporate assessees. Any divergence from the compliances under Income Tax Act or Goods & Service Tax Act may attract penal provisions. The Government has extended the various due dates for Assessment Year 2021-22 under the Income Tax Act vide a circular no. 1 dated 11th January 2022. Earlier the due dates were extended by issuing a circular no. 9 dated 20th May 2021 and circular no. 17 dated 9th September 2021
Income-tax compliance calendar
Particulars |
Original Due Date | Extended Due Date | ||
Cir 9 dtd 20.02.21 | Cir 17 dtd 09.09.21 | |||
ITR for assesses not requiring audit u/s 44AB for FY 2020-21 |
31.07.2021 | 30.09.2021 | 31.12.2021 |
NA |
Tax Audit Reports for FY 2020-21 [3CA, 3CB, 3CD] | 30.09.2021 | 31.10.2021 | 15.01.2022 |
15.02.2022 |
Transfer Pricing Reports u/s 92E [3CE] |
31.10.2021 | 30.11.2021 | 31.01.2022 | 15.02.2022 |
ITRs for Tax Audit Assessees including partners of Firm whose Firms were subject to tax audit. |
31.10.2021 | 30.11.2021 | 15.02.2022 | 15.03.2022 |
ITRs for Transfer Pricing Assessees |
30.11.2021 | 31.12.2021 | 28.02.2022 |
15.03.2022 |
Belated Return for AY 2021-22 |
31.12.2021 | 31.01.2022 | 31.03.2022 | 31.03.2022 |
Revised Return for AY 2021-22 | 31.12.2021 | 31.01.2022 | 31.03.2022 |
31.03.2022 |
Note: All the above due date extensions relate to procedural compliances, there is no extension in the date of payment of taxes by the taxpayers.
Note: Interest u/s 234A shall be applicable if the tax payable exceeds Rs 1 lakh.
What are the due dates for Trust registration/ Trust Re-Registration u/s 12A, 80G, 35, Sovereign Wealth Fund, Pension Fund, Form 15G/15H, and others
CBDT has issued a circular 16 on 29th August 2021 to extend due dates of certain Forms under the Income Tax Act due to the unavailability of functionality for the same on the newly launched Income Tax Portal. The forms are related to Re-registration/ Registration of Trust u/s 12A, 80G, 35, Sovereign Wealth Fund, Pension Fund, Form 15G/15H, and others.
Form Name |
Form Description | Original Due Date | Latest Extended Due Date |
Form 10A | Application for registration or intimation or approval u/s 10(23C), 12A, 35, 80G | 31st Aug’21 |
31st Mar’22 |
Form 10AB |
Application for registration or intimation or approval u/s 10(23C), 12A, 80G | 28th Feb’22 | 31st Mar’22 |
Form 1 | Equalization Levy Statement for FY 2020-21 | 31st Aug’21 |
31st Dec’21 |
Form 15CC
|
Quarterly Statement to be furnished by Authorized Dealer for remittance made for Qtr 30th June 2021 | 31st Aug’21 | 30th Nov’21 |
Quarterly Statement to be furnished by Authorized Dealer for remittance made for Qtr 30th September 2021 | 15th Oct’21 |
31st Dec’21 |
|
Form 15G/ 15H
|
Declaration by the individual requesting bank to not deduct TDS for Quarter ending on 30th June 2021 | 31st Aug’21 | 30th Nov’21 |
Declaration by the individual requesting bank to not deduct TDS for Quarter ending on 30th September 2021 | 15th Oct’21 |
31st Dec’21 |
|
Form II SWF |
Intimation by Sovereign Wealth Fund for Investment made by it in India for Quarter 30th June 2021 | 30th Sep’21 | 30th Nov’21 |
Intimation by Sovereign Wealth Fund | 31st Oct’21 |
31st Dec’21 |
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