Extensions for various Income Tax Filings

The Central Board of Direct Taxes (CBDT), considering the difficulties faced by tax payers and various stakeholders with respect to the Income Tax portal, extended the due dates for filing tax returns and forms for the FY 2020-21 (AY 2021-22). Significant extensions are provided herein: ParticularsCurrent Due DateExtended Due DateFiling of Income Tax Returns by…

Significant Changes in Income Tax from 01-04-2021

1. Pre-filled ITR Forms A major change in ITR Form is expected as per Budget 2021 (Pre-Filed ITR) will be introduced. The Pre-filled ITR Forms will have information of Capital Gains from Listed Securities, Dividend   Income, Interest from Banks/Post Office, etc. Earlier Pre-filed   ITR form   was   available    for   Salaried employees where Income was reflected on basis…

Tax Compliance Calendar- November 2020

Please find below the due dates for compliances under Income Tax Law, GST Law and Labour Laws for FY 2019-20 (AY 2020-21) for the month of November 2020. It also includes due dates for filing of Form GSTR-3B, GSTR-7, GSTR-8, GSTR-1, GSTR-6, GST CMP 08, GSTR-5, GSTR-5A (OIDAR Service Provider), GSTR 9, GSTR 9C, GSTR-4…