Tax Act, 1961

CBDT, on account difficulties reported by the taxpayers and other stakeholders in electronic filing of certain Forms under the provisions of the Income Tax Act (‘the Act’) along with Income Tax Rules, 1962 (‘the Rules’), has further extended due dates for electronic filing of the following Forms vide Press Releases and Circular no. 16 of 2021 dated 29th August 2021.

As per Rule 10DB(2) of the Rules, the due date for filing Form 3CEAC is 2 months prior to due date of filing Form 3CEAD.

** As per Rule 10DB(4) of the Rules, the due date for filing Form 3CEAD is 12 months from the end of reporting accounting year of the parent entity of the international group.

For detailed understanding, please refer Press Releases dated 29th August 2021 and CBDT Circular 16 /2021 dated 29th August 2021

DISCLAIMER:

The information contained herein is in summary form based on interpretation of Press Releases dated 29th August 2021 and CBDT Circular No. 16/2021 dated 29th August 2021. While the information is believed to be accurate to the best of our knowledge, we do not make any representations or warranties, express or implied, as to the accuracy or completeness of this information. Reader should conduct and rely upon their own examination and analysis and are advised to seek their own professional advice. This document is not an offer, invitation, advice or solicitation of any kind. We accept no responsibility for any errors it may contain, whether caused by negligence or otherwise or for any loss, howsoever caused or sustained, by the person who relies upon it.