Income Tax Compliance Calendar July, 2021

Income Tax Compliance Calendar: July, 2021

Due to the pandemic COVID-19 and revamping of the Income Tax Portal to a newer portal, the Government has extended the due dates of various compliances of Income Tax. All the due dates of compliances related to Income Tax in the month of July, 2021 are as follows:

Compliances of Income Tax, July 2021

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Also Read: Due Dates For Compliances In June, 2021

Other Important Updates

Key Highlights –
Due Returns The deadline for receiving Form 16 has been extended to July 31, 2021. The deadline for linking PAN with Aadhaar has been extended to September 30, 2021. The ITR filing deadline for FY 2020-21 has been extended to September 30, 2021 from usual deadline of July 31, 2021.

National Faceless Assessment Centre, Delhi, directed to designate the web portal www.incometax.gov.in as the “designated portal” for the purpose of Faceless Assessment in terms of Explanation (i) to section144B(I) of the Income-tax Act.

Also Read: TDS On Cash Withdrawal From Bank In A Financial Year

Compliance Check for Section 206AB & 206CCA.
The Central Board of Direct Taxes (‘CBDT’), in exercise of powers conferred under section 138 (1) (a) (i) of Income-tax Act, 1961, hereby directs that Director General of Income-tax (Systems), New Delhi shall be the specified income-tax authority for furnishing information to the ‘Tax Deductor / Tax Collector’, having registered in the reporting portal of the Project Insight through valid TAN, to identify the ‘Specified Persons’ for the purposes of section 206AB and 206CCA of the Act through the functionality “Compliance Check for Section 206AB &; 206CCA”.

Also Read: Which Section Is Applicable – Section 194Q Or Section 206C(1H)?

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  1. Pingback: Compliances Due Dates: Income Tax, August 2021 | TaxHelpdesk

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