Giving big relief to taxpayers, the income tax department on Sunday extended the deadline for various compliances, including filing of statements for equalization levy and remittances. The deadline for filing the Equalisation Levy statement in Form-1 for the Financial Year 2020-21 has been extended till December 31, against the original due date of June 30.

The quarterly statement in Form 15CC to be furnished by authorised dealers in respect of remittances made for June and September quarter, can now be filed by November 30 and December 31 respectively. The original due date for filing this statement was July 15 and October 15 respectively. In a statement, the Central Board of Direct Taxes (CBDT) said on consideration of difficulties reported by the taxpayers and other stakeholders in electronic filing of certain forms it has been decided to further extend the due dates for e-filing of these forms.

 In a separate statement, the CBDT announced extending the deadline for making payments under the direct tax dispute resolution scheme “Vivad Se Vishwas” by a month till September 30. However, taxpayers have the option to make payments till October 31, with an additional amount of interest.

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