• The Central Board of Direct Taxes (CBDT) has extended the due date for filing income tax returns for assessment year (AY) 2021-22, for individuals, by two months, to September 30, 2021. Earlier the deadline was July 31, 2021.
• The decision to extend timelines for compliances under the Income-tax Act 1961 has been taken to provide relief to taxpayers due to Covid pandemic.
• The government has also extended the due date of Income Tax Returns filing for companies for Assessment Year 2021-2022 from October 31 to November 30, 2021.

Other important decisions regarding tax compliance deadlines include: 

• The due date of furnishing of belated or revised Return of Income for the Assessment Year 2021-22, extended from December 31, 2021 to January 31, 2022. 
• Deadline for issuing Form – 16 by employers to employees extended from June 15 to July 15, 2021.
• Due date of furnishing of Report of Audit for the Previous Year 2020-21 extended to October 31, 2021 from September 30, 2021.
• Due date of Transfer Pricing Study Report extended to November 30.
• Statement of Reportable Account – extended to June 30 from May 31.
• TDS Statement for fourth quarter of FY 2020-21 extended to June 30, from May 31, 2021.
• SFT Due date extended to June 30, 2021 from May 31, 2021.