Favorable opportunity given to filers for filing belated and revised returns of AY 2020-21 till 31st May'2021

GOVT. HAS GIVEN A ONE TIME CHANCE TO TAX FILERS FOR FILING BELATED & REVISED RETURNS OF ASSESMENT YEAR 2020-21 (FINANCIAL YEAR 2019-20) TILL 31ST MAY'2021


CBDT has issued a Circular regarding the time extensions granted for certain due date compliances given in favour of requests made by stakeholders.

Mainly focused about the Belated Tax Return filing, Tax Deducted at Source filings along with some timely filings are given extension due to covid surge. 

CENTRAL GOVERNMENT has always been in favour of taxpayers requests if any problem arises due to adverse situations. This time the adverse situation is corona second wave and impact is huge that filers are not able to complete the compliances on time as restrictions are going on at respective states.  

Extension is a golden opportunity to the taxpayers, tax consultants and stakeholders as the compliances time is extended considering the best interest of their health.

Extended time can be utilised by the intended persons and complete the compliances on time without expecting further extensions. 

GET FULL DETAILS OF EXTENSIONS GRANTED AT circular_no_8_2021.pdf (incometaxindia.gov.in)  


OPPORTUNITY BE UTILISED AND BECOME PART OF ECONOMY GROWTH.



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