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Income Tax Department released an e-calendar for tax related work in 2021

A new e-calendar of the year 2021 has been released by the Income Tax Department. In this, all information related to tax is given. In the honoring the honest calendar, the department wrote that welcome to a new era where the tax system is becoming uninterrupted, faceless and paperless. In such a situation, it is very important for all taxpayers to remember certain dates related to tax. By remembering these dates, you can make your tax-related work even easier through the new calendar issued by the department, you will be able to file tax returns easily. Apart from this, you can also avoid the penalty for paying tax late. 

January 2021

January 10: The assessment year 2020-21 is the extended deadline for paying an unaudited income tax return.

January 15: Date of submission of various audit reports under the Income Tax Act. 

January 15: Quarterly statement of TCS deposits for the quarter ended December 31, 2020. 

January 30: Quarterly TCS certificate in respect of tax collected for the quarter ended December 31, 2020.

January 31: Last date for declaration of a dispute under the Vivad Se Vishwas Scheme.

January 31: Quarterly statement of TDS deposits for the quarter ended December 31, 2020.

February 2021

February 15: Extended date of filing audited income tax returns for the assessment year 2020-21.

February 15: Quarterly TDS certificate for the quarter ended December 31, 2020.

March 2021

March 15: Fourth instalment of advance tax for the assessment year 2021-22.

March 31: Last date for filing delayed or revised returns for the assessment year 2020-21.

March 31: Quarterly statement of TDS / TCS submitted for Q1 and

Q2 for FY 2020-21.

March 31: Last date of payment under the trust scheme by a dispute without the additional levy.

March 31: Last date for linking Aadhaar with PAN.

May 2021

May 15: Deadline for submission of TCS statement for the quarter ended 31 March 2021.

May 31: Deadline for submission of TDS statement for the quarter ended March 31, 2021.

May 31: Due date for submission of details of financial transactions of year 2020-21 under 285BA 

June 2021

June 15: First instalment of advance tax for the assessment year 2022-23.

June 15: TDS Certificate – Form 16 (in respect of salary paid) to employees for the assessment year 2021-22.

June 15: Quarterly TDS certificate (excluding salary) for the quarter ending 31 March 2021.

July 2021

July 15: Statement of TCS deposits for the quarter ended June 30, 2021.

July 30: TCS certificate for the quarter ended June 30, 2021.

July 31: Statement of TDS deposit for the quarter ended 30 June 2021

July 31: Last date for filing an income tax return for the assessment year 2021-22.

August 2021

August 15: TDS certificate for the quarter ended June 30, 2021.

September 2021

September 15: Second instalment of advance tax for the assessment year 2022-23.

September 30: ITR file (corporate and non-corporate) for the assessment year 2021-22, whose account book

                         needs to be audited.

October 2021

October 15: TCS deposit stents for the quarter ended September 30, 2021.

October 30: TCS certificate for the quarter ended September 30, 2021.

October 31: Statement of TDS deposit for the quarter ended September 30, 2021.

November 2021

November 15: TDS certificate (excluding salary) for the quarter ended September 30, 2021.

November 30: ITR (International Transaction or Specific Domestic Transaction) for the assessment year 2021-22.

December 2021
December 15: Third installment of advance tax for assessment year 2022-23.