For the purposes of pre¬filling the return of income, CBDT has issued Notification No. 16/2021dated 12.03.2021 to include reporting of information relating to dividend and interest income. As per section 285BA of The Income Tax Act, 1961 and Rule 114E, specified persons are required to furnish information related to specified transactions in Statement of Financial transactions(SFT) to CBDT. This Notification seeks to include dividend and interest income transactions in the list of such specified transactions. SFT reporting to include dividend and interest income IT : SFT related amendments MCA : Additional fees Relaxation on levy of additional fees in filing of certain forms under the Companies Act, 2013 and LLP 2008. MCA has granted additional time up to 31 July 2021 for companies/LLPs to file such forms (Other than a CHG – 01 Form, CHG-04 Form & CHG – 09 Form) without any additional fees. Accordingly, no additional fees shall be levied up to 31 July 2021 for the delayed filing of forms (other than charge-related forms referred to above) which were/would be due for filing during 1 April, 2021 to 31 May, 2021. For such delayed filings up to 31 July, 2021, only normal fees shall be payable.

Earlier this week, the due date for filing the statement of financial transactions (SFT) was extended to 30 June, 2021 from 31 May, 2021.