INCOME TAX DUE DATES AND UPDATES – OCTOBER 2021

TDS/TCS:

PARTICULARS                                                    DUE DATE

TDS Payment – September, 2021             –           October 7th, 2021

TCS Payment – September, 2021             –           October 7th, 2021

TDS Return (Jul 2021 – Sep 2021)          –           October 31st, 2021

TCS Return (Jul 2021 – Sep 2021)          –            October 15th, 2021

OTHER POINTS:

  • PAN-Aadhaar linking deadline – 31st March, 2022.
  • The due date for completion of penalty proceedings under the Act has also been extended from 30th September, 2021 to 31st March, 2022.
  • The compliances to be made by the taxpayers such as investment, deposit, payment, acquisition, purchase, construction or such other action, by whatever name called, for the purpose of claiming any exemption under the provisions contained in Section 54 to 54GB of the Act, for which the last date of such compliance falls between 1st April, 2021 to 29th September, 2021 (both days inclusive), may be completed on or before 30th September, 2021.
  • Last date of payment of amount under Vivad se Vishwas (without additional amount) which was earlier extended to 31st August, 2021 is further extended to 30th September, 2021. Last date of payment of amount under Vivad se Vishwas (with additional amount) has been notified as 31st October, 2021.

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