Hardik Gandhi & Co.

Relaxation in complying due dates of benefits announced by Government

Large number of tax payers, specially small tax payers, who could not been able to comply benefits announced by the Government viz. late fees in filing returns and revocation of cancellation of registration, has been extended as under -

1. Relaxation in reducing / waiving late filing fees for those tax payers who could not furnish returns viz. GSTR-3B for the period July 2017 to April 2021 was provided. These returns had to be furnished between 01-06-2021 to 31-08-2021. The last date is now extended till 30th November 2021. [N. No. 33/2021 - CT, dated 20-08-2021]

2. Timelines for filing of application for revocation of cancellation of registration has been extended to 30-09-2021, where the due date of filing of application for revocation of cancellation of registration falls between 01.03.2020 to 31.08.2021. The extension would be applicable only in those cases where registrations have been cancelled under S. 29 (2) (b) or (c) of the CGST Act. [N. No. 34/2021 - CT, dated 20-08-2021]

3. The filing of FORM GSTR-3B and FORM GSTR-1/Invoice Furnishing Facility (IFF) by companies using electronic verification code (EVC), instead of ”Digital Signature Certificates (DSC) has already been enabled for the period from 27.04.202l to 31.08.2021. This has been further extended to 31st October, 2021 [N. No. 32/2021 - CT, dated 20-08-2021]

Key Decisions of 43rd GST Council Meeting

20 May 2021 - CBDT - Extension of Due Dates of Filing Returns and TDS/TCS for Tax Payers/Assessees*

On Account of the surge in COVID cases, the following dates have been extended by the CBDT

i) Due date for filing return of income for AY 2021-22 extended to 30th September, 2021 from 31st July, 2021 – Regular Assessees

ii) Due date of Filing Return of Income for Tax Audit Assessee – Extended to 30th November, 2021 from 31st October,2021

iii) Due date of furnishing Tax Audit Report extended to 31st October, 2021 from 30th September, 2021

iv) Due date of Filing Belated/Revised Return of income extended to 31st January, 2022 from 31st December, 2021

v) Due date of Transfer Pricing Study Report extended to 30th November, 2021

vi) SFT Due date extended to 30th June, 2021 from 31st May, 2021

vii) Statement of Reportable Account - extended to 30th June, 2021 from 31st May, 2021

viii) TDS Statement for Q4 of FY 2020-21 extended to 30th June, 2021 from 31st May, 2021

ix) Form 16 Issue Date – extended to 15th July, 2021 from 15th June, 2021

Hardik Gandhi & Co. updated their business hours.

Hardik Gandhi & Co. updated their phone number.