More than 50 formal representations were made to Finance Minister by Taxpayers and professionals for extension of due dates of Income Tax and GST. In this regard Finance Minister has decided to extend the various due dates for filing Income Tax Return (ITR) and Tax Audits including GST Audits. A press release in this regard has been issued by Finance Minister.
REVISED DUE DATES :-
| Particulars | Extended Due Dates |
| ITR for taxpayers who are required to get their Accounts Audited | 15th February, 2021 |
| ITR for taxpayers in respect of international or specified domestic transactions | 15th February, 2021 |
| ITR for other taxpayers | 10th January, 2021 |
| Tax Audit Report | 15th January, 2021 |
| Making a Declaration under Vivad se Vishwas Scheme | 31st January, 2021 |
| Annual Return under section 44 of CGST Act, 2017 | 28th February, 2021 |
Source:
In view of the continued challenges faced by taxpayers in meeting statutory compliances due to outbreak of COVID-19, the Govt further extends the dates for various compliances. Press release on extension of time limits issued today: pic.twitter.com/lMew09HXMq
— Income Tax India (@IncomeTaxIndia) December 30, 2020