“Income Tax Dept will also launch its new e-filing portal http://incometax.gov.in on 7 June, 2021. Existing ITD portal http://incometaxindiaefiling.gov.in would not be available to taxpayers/other stakeholders for a brief period of 6 days, from 1 June, 2021 to 6 June, 2021,” according to a statement from the Income Tax Department.

The due date for filing the tax audit report and transfer pricing certificate has been extended by a month till October 31 and November 30, respectively. For filing belated or revised return of income, the due date is now January 31, 2022.

Besides, the deadline for financial institutions to furnish the Statement of Financial Transaction (SFT) report has been extended till June 30, from May 31, 2021.

“Various due date relaxations will reduce compliance burden for businesses that have been struggling in the current crisis. This also emphasises how critical it is for businesses to move their tax compliance fully online.The extension of due dates for various compliances for employers as well extension of tax filing due date for taxpayers is important in the current situation as the second wave of covid is raging through several states in India,” said Archit Gupta, Founder and CEO – ClearTax.

The CBDT had on April 1 notified forms for filing I-T returns for 2020-21 fiscal, and said that keeping in view the ongoing crisis due to COVID pandemic and to facilitate the taxpayers, no significant change has been made in comparison to the last year’s ITR Forms. The new ITR forms ask taxpayers if they are opting for a new tax regime.