Extension of time lines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22

Circular No. 17/2021

F. No. 225/49/2021/ITA-II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

New Delhi. Dated 09^th September, 2021

Subject: Extension of time lines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22– reg.

On consideration of difficulties reported by the taxpayers and other stakeholders in electronic filing of Income-tax returns and various reports of audit under the provisions of Income-tax Act, 1961 (Act), the Central Board of Direct Taxes (CBDT). in exercise of its powers under Section 119 of the Act, provides relaxation in respect of the following compliances:

1. The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31^st July 2021 under sub-section (1) of section 139 of the Act, as extended to 30^th September, 2021 vide Circular No. 9/2021 dated 20.05.2021, is hereby further extended to 31^st December, 2021;

2. The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21, which is 30^th September 2021, as extended to 31^st October 2021 vide Circular No. 9/2021 dated 20.05.2021, is hereby further extended to 15^th January, 2022;

3. The due date of 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, which is 31^st October 2021, as extended to 30^th November 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 31^st January, 2022;

4, The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 31^st October 2021 under sub-section (1) of section 139 of the Act, as extended to 30th November 2021 vide Circular No. 9/2021 dated 20.05.2021, is hereby further extended to 15^th February, 2022;

5. The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 30^th November 2021 under sub-section (1) of section 139 of the Act, as extended to 31^st December 2021 vide Circular No. 9/2021 dated 20.05.2021, is hereby further extended to 28^th February, 2022;

6. The due date of furnishing of belated/revised Return of Income for the Assessment Year 2021-22, which is 31^st December 2021 under sub-section (4)/sub­-section (5) of section 139 of the Act, as extended to 31^st January, 2022, vide Circular 9/2021 dated 20.05 2021, is hereby further extended to 31^st March, 2022;

Clarification 1: It is 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 as referred to in clauses (1), (4) and (5) of this Circular 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 one lakh rupees.

Clarification 2: For the purpose of Clarification 1, 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 this Circular) provided in that Act, shall be deemed to be the advance tax.

(Ravinder Maini)

Director to the Government of India.