TDS certificate in Form 16 to statement of quarterly deductions: All Income Tax due dates ending in July

TDS certificate in Form 16 to statement of quarterly deductions: All Income Tax due dates ending in July

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Revenue Tax due Dates 2021: The Union Authorities not too long ago prolonged the due dates of a number of tax-related works for the advantage of taxpayers. The due dates had been prolonged for offering reduction to taxpayers hit by the second wave of the Covid-19 pandemic and the next lockdowns in states.

“In view of the affect of the Covid-19 pandemic, taxpayers are going through inconvenience in assembly sure tax compliances and likewise in submitting response to varied notices. In an effort to ease compliances to be made by taxpayers throughout this troublesome time, reliefs are being supplied via Notifications nos. 74/2021 & 75/2021 dated twenty fifth June, 2021 Round no. 12/2021 dated twenty fifth June, 2021,” the Ministry of Finance had mentioned in a press release on twenty fifth June.

Associated Information

Right here’s an inventory of prolonged due dates ending in July 2021:

  • The Certificates of Tax Deducted at Supply in Type No.16 underneath Rule 31 of the Revenue Tax Guidelines 1962 could also be furnished on or earlier than thirty first July, 2021. Earlier, the due date for this was fifteenth June, 2021.
  • The Assertion of Deduction of Tax for the final quarter of the Monetary 12 months 2020-21 underneath Rule 31A of the Revenue-tax Guidelines,1962 could also be furnished on or earlier than fifteenth July, 2021. Earlier due date was thirty first Could, 2021.
  • The Assertion of Revenue paid or credited by an funding fund to its unit holder in Type No. 64D for the Earlier 12 months 2020-21 could also be furnished on or earlier than fifteenth July, 2021. The unique due date for this was fifteenth June, 2021.
  • The Assertion of Revenue paid or credited by an funding fund to its unit holder in Type No. 64C for the Earlier 12 months 2020-21 could also be furnished on or earlier than thirty first July, 2021. It was earlier required to be furnished on or earlier than thirtieth June, 2021.

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  • The Quarterly Assertion in Type No. 15CC to be furnished by approved vendor in respect of remittances made for the quarter ending on thirtieth June, 2021 underneath Rule 37 BB of the Guidelines could also be furnished on or earlier than thirty first July, 2021.
  • The Annual Assertion required to be furnished underneath sub-section (5) of part 9A of the Act by the eligible funding fund in Type No. 3CEK for the Monetary 12 months 2020-21 could also be furnished on or earlier than thirty first July, 2021. Importing of the declarations acquired from recipients in Type No. 15G/15H in the course of the quarter ending thirtieth June, 2021 could also be uploaded by thirty first August,2021.
  • Exercising of choice to withdraw pending utility (filed earlier than the erstwhile Revenue Tax Settlement Fee) underneath sub-section (1) of Part 245M of the Act in Type No. 34BB could also be exercised on or earlier than thirty first July, 2021.

The Authorities has additionally supplied some relief in the form of tax exemption on the money received from employers and well-wishers for therapy of Covid-19.

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