CBDT extends due dates for electronic filing of various Forms under the Income-tax Act, 1961

On consideration of difficulties reported by the taxpayers and other stakeholders in electronic filing of certain Forms under the provisions of the Income-tax Act,1961 read with Income-tax Rules,1962 (Rules), the Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for electronic filing of such Forms vide Circular No.15/2021 dated 03.08.2021. The details are as under:

1. The Quarterly statement in Form No. 15CC to be furnished by an authorized dealer in respect of remittances made for the quarter ending on 30^th June 2021, required to be furnished on or before 15^th July 2021 under Rule 37BB of the Rules, as extended to 31^st July 2021 vide Circular No.12 of 2021 dated 25.06.2021, may be filed on or before 31^st August 2021;

2. The Equalization Levy Statement in Form No.1 for the Financial Year 2020- 21, which was required to be filed on or before 30^th June 2021, as extended to 31^st July 2021 vide Circular No.12 of 2021 dated 25.06.2021, may be filed on or before 31^st August 2021;

3. The Statement of Income paid or credited by an investment fund to its unit holder in Form No. 64D for the Previous Year 2020-21, required to be furnished on or before 15^th June 2021 under Rule 12CB of the Rules, as extended to 15^th July 2021 vide Circular No.12 of 2021 dated 25.06.2021, maybe furnished on or before 15^th September 2021;

4. The Statement of Income paid or credited by an investment fund to its unit holder in Form No. 64C for the Previous Year 2020-21, required to be furnished on or before 30^th June 2021 under Rule 12CB of the Rules, as extended to 31^st July 2021 vide Circular No.12 of 2021 dated 25.06.2021, maybe furnished on or before 30^th September 2021.

Further, considering the non-availability of the utility for e-filing of certain Forms, the CBDT has decided to extend the due dates for electronic filing of such Forms as under:

1. Intimation to be made by a Pension Fund in respect of each investment made by it in India in Form No. 10BBB for the quarter ending on 30^th June 2021, required to be furnished on or before 31^st July 2021 under Rule 2DB of the Rules, may be furnished on or before 30^th September 2021;

2. Intimation to be made by Sovereign Wealth Fund in respect of investments made by it in India in Form II SWF for the quarter ending on 30^th June 2021, required to be furnished on or before 31^st July 2021 as per Circular No.15 of 2020 dated 22.07.2020, maybe furnished on or before 30^th September 2021.

CBDT Circular No. 15/2021 in F.No.225/49/2021/ITA-II dated 03.08.2021issued today, is available on www.incometaxindia.gov.in. It is also clarified vide the said Circular that the above forms, e-filed, after the expiry of time limits provided as per Circular No.12 of 2021 dated 25.06.2021 or as per the relevant provisions, till the date of issuance of said Circular, will stand regularised accordingly.