Relaxation of compliances by CBDT to taxpayers

The relaxations are the latest among the recent initiatives taken by the Government to ease compliances to be made by the taxpayers with the aim to grant respite during these difficult times.

In view of the adverse circumstances arising due to the severe Covid-19 pandemic, the Centre has extended certain income tax timelines on Saturday.

In order to provide relief to taxpayers amid the second wave of COVID-19 in the country, the government has extended various Income Tax compliance deadlines, under the Income Tax Act 1961. In a circular issued on Saturday, May 1, the Central Board of Direct Taxes or CBDT, stated that under its powers under Section 119 of the Income-tax Act, 1961, the organisation has provided certain relaxations with respect to Income-Tax compliances by taxpayers.

In the light of multiple representations received to mitigate the difficulties being faced by various stakeholders, the Central Board of Direct Taxes (CBDT) has provided the following relaxation in respect of compliances by the taxpayers:

-Appeal to Commissioner (Appeals) under Chapter XX of the Act, for which the last date of filing under that Section is 1st April, 2021 or thereafter, may be filed within the time provided under that Section or by 31st May, 2021, whichever is later;

-Objections to Dispute Resolution Panel (DRP) under Section 144C of the Act, for which the last date of filing under that Section is 1st April, 2021 or thereafter, may be filed within the time provided under that Section or by 31st May, 2021, whichever is later;

-Income-tax return in response to notice under Section 148 of the Act, for which the last date of filing of return of income under the said notice is 1st April, 2021 or thereafter, may be filed within the time allowed under that notice or by 31st May, 2021, whichever is later;

-Filing of belated return under sub-section (4) and revised return under sub-section (5) of Section 139 of the Act, for Assessment Year 2020-21, which was required to be filed on or before 31st March, 2021, may be filed on or before 31st May, 2021;

-Payment of tax deducted under Section 194-IA, Section 194-IB and Section 194M of the Act, and filing of challan-cum-statement for such tax deducted, which are required to be paid and furnished by 30th April, 2021(respectively) under Rule 30 of the Income-tax Rules, 1962, may be paid and furnished on or before 31st May, 2021;

-Statement in Form No. 61, containing particulars of declarations received in Form No.60, which is due to be furnished on or before 30th April, 2021, may be furnished on or before 31st May, 2021.