Revenue tax calendar 2021: Vital deadlines you must know – 10NEWS
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Revenue tax calendar 2021: Vital deadlines you must know

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January 3, 2021
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2021 Income Tax Calendar: Important Deadlines You Should Know About

2021 earnings tax calendar: vital deadlines to know & nbsp

New Delhi: A brand new yr has begun and the earnings tax division has launched a brand new digital calendar for the yr 2021. The calendar lists all vital tax-related deadlines. Designed because the ‘Honoring Honesty’ calendar, the earnings tax division in an electronic mail despatched to taxpayers wrote: “Welcome to a brand new period wherein the tax system is turning into fluid, faceless and paperless. Each taxpayer is a nation builder. ” a calendar to make your fiscal journey simpler and simpler. “

Listed here are all of the vital dates you must know from an earnings tax perspective in 2021:

January:

  • January 10: Prolonged due date for ITR submitting for AY 2020-21 for taxpayers not requiring audit
  • January 15: Date for the presentation of assorted audit experiences underneath the Revenue Tax Regulation
  • January 15: Depository TCS Quarterly Assertion for the Quarter Ending December 31, 2020
  • January 30: Quarterly TCS Certificates concerning Tax Collected for the quarter ending December 31, 2020
  • January 31: final date to make the declaration underneath the Vivad Se Vishwas scheme
  • January 31: Quarterly TDS Assertion Deposited for the Quarter Ending December 31, 2020

February:

  • February 15: Prolonged Due Date to File ITR for AY 2020-21 for Taxpayers Requiring Audit
  • February 15 – Quarterly TDS Certificates (apart from wage) for the quarter ending December 31, 2020

March:

  • March 15: Fourth installment of advance tax for fiscal yr 2021-22
  • March 31 – Final Date to File Late or Revised Revenue Assertion for Fiscal 12 months 2020-21
  • March 31 – Quarterly TDS / TCS Statements Deposited for First and Second Quarter of Fiscal 12 months 2020-21
  • March 31: Final fee date underneath the Vivad Se Vishwas program with out further payment
  • March 31: Final date to hyperlink Aadhaar with PAN

Could:

  • Could 15: Depository TCS Quarterly Assertion for the Quarter Ending March 31, 2021
  • Could 31 – Quarterly TDS assertion deposited for the quarter ending March 31, 2021
  • Could 31: Deadline to submit monetary transaction standing u / s 285BA with respect to fiscal yr 2020-21

June:

  • June 15: First advance tax fee for AY 2022-23
  • June 15: TDS-Kind 16 Certificates for Workers (concerning wage paid) for AY 2021-22
  • June 15 – Quarterly TDS Certificates (apart from wage) for the quarter ending March 31, 2021

July:

  • July 15: Quarterly TCS Assertion Deposited for the Quarter Ending June 30, 2021
  • July 30: Quarterly TCS Certificates for the Quarter Ending June 30, 2021
  • July 31: Quarterly TDS Assertion Deposited for the Quarter Ending June 30, 2021
  • July 31: ITR for AY 2021-22 for all evaluators apart from (a) company evaluator or (b) non-corporate evaluator who’s accountable for their accounts being audited or (c) evaluator who has performed a particular nationwide transaction or worldwide

August:

  • August 15: Quarterly TDS Certificates (apart from wage) for the quarter ending June 30, 2021

September:

  • September 15: second installment of advance tax for AY 2022-23
  • September 30: Audit report for AY 2021-22 in case the evaluator has not made a particular home or worldwide transaction.

October:

  • Oct 15 – Deposit TCS Quarterly Assertion for Quarter Ending Sept 30, 2021
  • October 30: Quarterly TCS Certificates for the Quarter Ending September 30, 2021
  • October 31: Quarterly TDS Assertion Deposited for the Quarter Ending September 30, 2021
  • October 31: ITR for AY 2021-22 for these appraised (who do not need a particular nationwide or worldwide transaction) who’s (a) a company appraiser or (b) a non-corporate appraiser whose books must be audited
  • October 31: AY 2021-22 audit report concerning the appraised who has a world or particular nationwide transaction

November:

  • November 15 – Quarterly TDS Certificates (apart from wage) for the quarter ending September 30, 2021
  • November 30: ITR for AY 2021-22 with respect to the appraised who has a particular nationwide or worldwide transaction

December:

  • December 15: Third installment of advance tax for AY 2022-23

Please word that the Central Board of Direct Taxes (CBDT), on Wednesday, prolonged the due date for submitting earnings tax returns (ITR) for the 2020-21 (AY21) evaluation yr for earnings earned within the monetary yr 2019-20 in ten days. The brand new deadline for submitting earnings taxes for AY21 was prolonged from December 31, 2020 to January 10, 2021.

That is the third time that the final date for the ITR provide has been prolonged. The deadline, which usually falls on July 31 of every yr, was first postponed to November 31, then December 31, after which prolonged to January 10, for these underneath the ITR-1, ITR- classes. 4. Varieties ITR-1 and ITR-Four are largely owned by salaried folks, together with family earnings.

India’s main enterprise platform acknowledges the very best SMEs, MSMEs and startups of the yr. Watch Leaders of Tomorrow Season eight e-Awards on September 13, 2020, 5 p.m. onwards on Instances Community.

Get the most recent funding recommendation to Instances now and likewise for extra information about suggestions to economize, observe us Google Information.





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