Dear Taxpayers, Considering the COVID -19 situation and lockdown imposed in various parts of the country, the taxpayers may file the responses to the defective notices issued by CPC till 31.05.2021. The taxpayers can also file the belated and revised returns for AY 2020-21 till 31.05.2021.

CBDT issues notification specifying format, procedure and guidelines for submission of Statement of Financial Transactions (SFT) for Depository Transactions under Income Tax Act, 1961.

CBDT issues press release for extension of due dates for filing Income-Tax Returns under the Income-tax Act, 1961 for AY 2020-21 from 31st March 2021 to 31st May 2021.

CBDT issues notification specifying format, procedure and guidelines for submission of Statement of Financial Transactions (SFT) for Mutual Fund Transactions by Registrar and Share Transfer Agent under Income Tax Act, 1961.

The timeline to update UDIN of past uploads of audit report and certificates has been further extended up to 30th June, 2021. Kindly avail the benefit and avoid invalidation.

CBDT issues notification specifying format, procedure and guidelines for submission of Statement of Financial Transactions(SFT) for Dividend income under Income Tax Act, 1961.

CBDT issues notification specifying format, procedure and guidelines for submission of Statement of Financial Transactions(SFT) for Interest income under Income Tax Act, 1961.

All institutions, funds etc covered under clause (i) and (iv) of first proviso to section 10(23C), fifth proviso to section 35(1), clause (i) and (iv) of first proviso to section 80G(5) and sub-clause (i) and (vi) of section 12A(1)(ac) of the Income Tax Act-1961 are required to re-register a fresh by using modified form-10A. Form-10A is also to be used for fresh registration under any of the above sections.

Excel & Java version of ITR utilities will be discontinued from AY 2021-22.

ITR submission for AY 2021-22 will be made available shortly.