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Friday, June 25, 2021

In relief to taxpayers, govt announces extension of compliance deadlines PAN-Aadhar linkage deadline is extended by another 3 months till Sept 30; payment without interest under dispute-resolution scheme is extended by 2 months Topics Income tax | Finance Ministry | Anurag Thakur BS Web Team | New Delhi Last Updated at June 25, 2021 19:00 IST

 In a relief to taxpayers in the country, the union government on Friday announced extension of several tax deadlines including time to invest in residential house for tax deduction, payments under dispute resolution scheme.

Tax deduction extended by more than 3 months, investment required to be made on or after April 1, they can be made till September 30, Minister of State (MoS) for Finance, said.

Further, PAN-Aadhar linkage deadline is extended by another 3 months till September 30.

Under the Vivad se Vishwas scheme, payment without interest is extended by 2 months from June 30 till August 31.

Thakur further said the amount paid for medical treatment to an employee by employer or to a person on account of coronavirus for 2019-20 and subsequent year will not be taxed in hands of employee/beneficiary.

For filing TDS statements, the deadline has been extended till July 15. Issuing tax deduction certificates can be done till July 31. Registration of institutions extended to August 31 and option to withdraw cases from settlement commission to July 31, he said.


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