UncategorizedExtension of due dates Income Tax & GST

January 5, 2021by KNM
https://knmindia.com/japanese/wp-content/uploads/2021/06/admin-ajax-15.png

Considering the unprecedented Covid outbreak Govt. has given various relaxation in terms of extension of due dates and others:

A. INCOME TAX:

Circular No. 08/2021, Dated 30th April, 2021
Particulars Original Due Date Revised / Extended Due dates
Belated/Revised ITR for AY 2020-21 (FY 2019-20)  31st March, 2021 31st May, 2021
Payment & Filing of Challan-cum-Statement for TDS u/s 194IA,194IB & 194M 30th April, 2021 31st May, 2021
-Appeal to CIT
-Objections to DRP
If last date to file was 1st April or Afterwards 31st May or the actual last date, whichever is later
Income tax Return in response to notice u/s 148 If last date to file was 1st April or Afterwards 31st May or time allowed in notice, whichever is later
Form 61 30th April, 2021 31st May, 2021

 

B. GOODS AND SERVICES TAX (GST):

Poster availability
Relaxation Particulars Revised Dates
Filing of:
GSTR-3B and waiver of Late fee(Notification nos.08/2021 and 09 / 2021 dated 01st May 2021)
Return Period Covered: March and April 2021 ..
Category-A: Taxpayers with turnover* > Rs. 5 Crores

Relaxation allowed: 15 days from original due date

*during FY 2020-21

March 2021- 5th April 2021

April 2021- 4th June 2021

Category-B: Taxpayers with turnover < Rs. 5 Crores

Relaxation allowed: 30 days from original due date

March 2021-20th May 2021

April 2021- 19th June 2021

Category-C: For Quarterly taxpayers (QRMP Scheme)

Relaxation allowed: 30 days from original due date

Cat-1 states – 22nd May 2021

Cat-2 states- 24th May 2021

Interest payment

(Notification no.08/2021 dated 01st May 2021)

Category-A:
– No relaxation from Interest
– Interest @ 9% p.a. if filed within relaxed period
– Interest @ 18% p.a. if filed after relaxed period
Categories B and C:
– Relaxation from Interest for first 15 days from original due date- Interest @ 9% p.a. from 16th day till 30 days- Interest @ 18% p.a. after 30th day
Filing of:
GSTR-1
IFF
GSTR-4
ITC-04(Notification no.10/2021, 11 / 2021, 12/2021 and 13/2021 dated 01st May 2021)
For Regular Taxpayers: GSTR-1 March 2021: N.A.

April 2021: 26th May 2021

For Composition Dealers (Quarterly) : GSTR-4
For Job-Worker : ITC-4
March 2021: 31st May 2021

April 2021: N.A.

For Regular Taxpayers: IFF March 2021: N.A.

April 2021: 28th May 2021

ITC as per Rule 36(4) of CGST Rules, 2017

(Notification no.13/2021 dated 01st May 2021)

– ITC Availment on the basis of GSTR-2A to be checked cumulatively for the tax period April and May 2021;

– Any adjustment for the said periods shall be made in Return in Form GSTR 3B to be furnished for the month of May 2021

Issuance of Notice filing of appeal, furnishing of returns, completion of proceedings

(Notification no.14/2021 dated 01st May 2021)

– For Completion of any proceeding or passing of any order or issuance of any notice, intimation, notification, sanction or approval, by any authority, commission or tribunal

– Filing of any appeal, reply or application or furnishing of any report, document, return, statement etc.

Original Due Date: 15th April 2021 to 30th May 2021

Revised Due Date:
31st May 2021

KNM

KNM Management Advisory Services Pvt. Ltd.オフィス
KNMと繋がる
https://knmindia.com/japanese/wp-content/uploads/2021/02/knm-world.png
ロケーション私たちについて
KNMと繋がるKNMソーシャルリンク
繋がる
KNM マネージメント アドバイザリー サービス 有限会社オフィス
KNMと繋がる
ロケーション私たちについて
KNMと繋がるKNMソーシャルリンク
繋がる

© KNM Management Advisory Services Pvt. Ltd All rights reserved.

Copyright by KNM Management Advisory Services Pvt. Ltd All rights reserved.