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The Central Board of Direct Taxes (Income Tax Department) vide Press Release ID: 1753603 dated 09.09.2021 {CBDT Circular No.17/2021 in F.No.225/49/2021/ITA-II dated 09.09.2021} has decided to further extend the due dates for filing of Income Tax Returns (ITR) and various reports of audit for the Assessment Year 2021-22.

CBDT has considered representation w.r.t. difficulties reported by the taxpayers and other stakeholders in the filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22 under the Income-tax Act, 1961(the “Act”).

ITR and Audit Reports Due Date Further Extended on 9th September by CBDT

CBDT extends due dates for filing of Income Tax Returns and various reports of audit for Assessment Year 2021-22

Extension Table for AY 2021-22

Sl.

Nature of Extension

Original Due Date

Extended Due Date

1

Return of Income for the Assessment Year 2021-22 - section 139 (1) of the Act

31.07.2021

31.12.2021

2

Report of Audit under any provision of the Act for the Previous Year 2020-21

30.09.2021

15.01.2022

3

furnishing Report from an Accountant by persons entering into international transaction or specified domestic transaction under section 92E of the Act for the Previous Year 2020-21

31.10.2021

31.01.2022

4

Return of Income for the Assessment Year 2021-22 - section 139 (1) of the Act

31.10.2021

15.02.2022

5

furnishing of Return of Income for the Assessment Year 2021-22- section 139 (1) of the Act

30.11.2021

28.02.2022

6

Furnishing of belated/revised Return of Income for the Assessment Year 2021-22, - section 139 (4) & 139 (5) of the Act

31.12.2021

31.03.2022

 

Clarification

It is also clarified that the extension of the dates as referred to in clauses (9), (12) and (13) of Circular No.9/2021 dated 20.05.2021 and in clauses (1), (4) and (5) above shall not apply to Explanation 1 to section 234A of the Act, in cases where the amount of tax on the total income as reduced by the amount as specified in clauses (i) to (vi) of sub-section (1) of that section exceeds rupees one lakh. Further, in case of an individual resident in India referred to in sub-section (2) of section 207 of the Act, the tax paid by him under section 140A of the Act within the due date (without extension under Circular No.9/2021 dated 20.05.2021 and as above) provided in that Act, shall be deemed to be the advance tax.

 

Source: CBDT extends the due date for filing of Income Tax Returns and Various Reports of Audit for AY 2021-22

Disclaimer:  Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.

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