Deepak Gupta | May 25, 2021 |
Extended Due Dates for compliance under GST, Income Tax & Companies Act
The government has extended due dates of various compliances under GST, Income Tax & Companies Act. This Article Discusses the Original and Extended Deadlines.
| Forms to be filed | Taxpayer Type | Period | Due Date | Extension |
| GSTR-7 | Taxpayer who is required to deduct TDS as per GST Act | Apr-21 | 10-05-2021 | 31-05-2021 |
| GSTR-8 | Taxpayer who is required to collect TCS as per GST Act | Apr-21 | 10-05-2021 | 31-05-2021 |
| GSTR-1 | Normal Registered Taxpayer who has not opted for Quarterly Return Monthly Payment (QRMP) Scheme | Apr-21 | 11-05-2021 | 26-05-2021 |
| GSTR-6 | A taxpayer having registration of Input Service Distributor (ISD) | Apr-21 | 13-05-2021 | 31-05-2021 |
| (Invoice Furnishing Facility) IFF | Registered Taxpayer who has opted for Quarterly Return Monthly Payment (QRMP) Scheme | Apr-21 | 13-05-2021 | 28-05-2021 |
| GSTR-5 | Non-Resident Taxpayer | Apr-21 | 20-05-2021 | 31-05-2021 |
| GSTR-4 | Composition Tax Payer | FY 2020-21 | 30-04-2021 | 31-05-2021 |
Please note that the due date for filing of Form GST ITC-04 (to be filed by Principal/Manufacturer for goods sent/received/supplied from Job Worker) for the quarter Jan-March, 2021, (due date 25th April, 2021) has been extended till 31st May, 2021
Notification No. 08/2021 – Central Tax
| Aggregate Turnover | Tax Period | NIL Interest | 9% Interest | 18% Interest |
| More Than INR 5 Crores | March, 2021 | NA | From 21.04.2021 To 05.05.2021 | From 06.05.2021 Till Filing of Return |
| April, 2021 | NA | From 21.05.2021 To 04.06.2021 | From 05.06.2021 Till Filing of Return | |
| Up To INR 5 Crores (Who Opted Monthly Filing of Returns) | March, 2021 | From 21.04.2021 To 05.05.2021 | From 06.05.2021 To 20.05.2021 | From 21.05.2021 Till Filing of Return |
| April, 2021 | From 21.05.2021 To 04.06.2021 | From 05.06.2021 To 19.06.2021 | From 20.06.2021 Till Filing of Return | |
| Up To INR 5 Crores (QRMP) Madhya Pradesh, Gujarat, Maharashtra, Kerala, etc. | March, 2021 | From 23.04.2021 To 07.05.2021 | From 08.05.2021 To 22.05.2021 | From 23.05.2021 Till Filing of Return |
| April, 2021 | From 26.05.2021 To 09.06.2021 | From 09.06.2021 To 23.06.2021 | From 24.06.2021 Till Payment of tax | |
| Up To INR 5 Crores (QRMP) Punjab, Haryana, Delhi, Rajasthan, U.P, Assam etc. | March, 2021 | From 25.04.2021 To 09.05.2021 | From 10.05.2021 To 24.05.2021 | From 25.05.2021 Till Filing of Return |
| April, 2021 | From 26.05.2021 To 09.06.2021 | From 09.06.2021 To 23.06.2021 | From 24.06.2021 Till Payment of tax | |
| CMP – 08 | Jan – Mar, 2021 | From 19.04.2021 To 03.05.2021 | From 04.05.2021 To 18.05.2021 | From 19.05.2021 Till Filing of CMP-08 |
Notification No. 09/2021 – Central Tax
| Aggregate Turnover | Tax Period | No Late Fees | Applicable Late Fees |
| More Than INR 5 Crores | March, 2021 | Till 05.05.2021 | From 06.05.2021 Till Filing Of Return |
| April, 2021 | Till 04.06.2021 | From 05.06.2021 Till Filing Of Return | |
| Up To INR 5 Crores (Who Opted Monthly Filing of Returns) | March, 2021 | Till 20.05.2021 | From 21.05.2021 Till Filing Of Return |
| April, 2021 | Till 04.06.2021 | From 05.06.2021 Till Filing Of Return | |
| Up To INR 5 Crores (QRMP) Madhya Pradesh, Gujarat, Maharashtra, Kerala, etc. | Jan – Mar, 2021 | Till 22.05.2021 | From 23.05.2021 Till Filing Of Return |
| Up To INR 5 Crores (QRMP) Punjab, Haryana, Delhi, Rajasthan, U.P, Assam etc. | Jan – Mar, 2021 | Till 24.05.2021 | From 25.05.2021 Till Filing Of Return |
| Sr. No | Nature of Extension | Original due date | New Due Dates |
| 1 | Statement of Financial Transactions u/s 285BA [FY 2020- 21] | 31.05.2021 | 30.06.2021 |
| 2 | Statement of Reportable Account under Rule 114G [CY-2020] | 31.05.2021 | 30.06.2021 |
| 3 | Statement of TDS for the quarter ending 31st March 2021 | 31.05.2021 | 30.06.2021 |
| 4 | Issue of TDS certificates in Form 16 for the Financial Year 2020- 21 | 15.06.2021 | 15.07.2021 |
| 5 | TDS/TCS Book adjustment statement in Form 24G for the month of May 2021 | 15.06.2021 | 30.06.2021 |
| 6 | Statement of Deduction of Tax in the case of superannuation fund for FY 2021 | 31.05.2021 | 30.06.2021 |
| 7 | Statement of Income paid or credited by an investment fund to its unit’s holder in Form 64D for FY 20-2021 | 15.06.2021 | 30.06.2021 |
| 8 | Statement of Income paid or credited by an investment fund to its unit’s holder in Form 64C for FY 20-2021 | 30.06.2021 | 15.07.2021 |
| 9 | Income Tax Returns – Normal assessee without audits – FY 20-2021 | 31.07.2021 | 30.09.2021 |
| 10 | Filing of Audit Reports viz. Tax Audit Reports. – FY 20-2021 | 30.09.2021 | 31.10.2021 |
| 11 | Due date of Furnishing Report from Accountant in respect of International Transactions covered u/s 92E | 31.10.2021 | 30.11.2021 |
| 12 | Income Tax Returns – Corporate assessee or Firm covered whose accounts required to be audited or Partner of Firm whose accounts are required to be audited or any assessee other than Corporate and Firm whose accounts are required to be audited [FY 20-21] | 31.10.2021 | 30.11.2021 |
| 13 | Income Tax Returns – Assessee required to furnish return u/s 92E in respect of International Transactions [FY 20-21] | 30.11.2021 | 31.12.2021 |
| 14 | Belated Returns and Revised Returns [FY 20-21] | 31.12.2021 | 31.01.2022 |
| Due Date | Forms to be filed | Compliance Applicability | Period |
| Original Date 31-05-2021 [Extended to 31.07.2021] | PAS-06 | Unlisted Public Companies | Reconciliation of Share Capital [Oct-20 to Mar-21] |
| Original Date 30-05-2021 [Extended to 31.07.2021] | LLP Form-11 | LLP | FY 2020-21 |
| Original Date 30-04-2021 [Extended to 31.07.2021] | MSME-1 | Companies that get supplies from MSME Sector | Oct-20 – Mar-21 |
| Original Date 30-05-2021 [Extended to 31.07.2021] | FC-04 | Annual Return of Foriegn Company | FY 2020-21 |
The time gap of Conducting Board Meetings has been extended from 120 Days to 180 Days during Quarter April 2021 to June 2021 to Quarter July 2021 to Sep 2021
Additional time upto 31st July 2021 has been given to companies/LLPs to file MCA forms (other than a CHG-1 Form, CHG-4 Form, and CHG-9 Form) without any additional fees. Accordingly, no additional fees shall be levied upto 31st July 2021 for the delayed filing of forms (other than charge-related forms referred to above) which were/would be due for filing from 1st April 2021 to 31st May 2021. For such delayed filings upto 31st July 2021 only normal fees shall be payable.
In case of any Doubt regarding Membership you can mail us at [email protected]
Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"
