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Income Tax Due Dates Extension for AY 2021-22

Income Tax Due Dates Extension for AY 2021-22

The Income tax Department launched a new income tax portal in June, 2021. However, functionalities of the new portal are not yet upto mark and also technical glitches are not yet resolved.

Considering the difficulties faced by taxpayers and other stakeholders in filing income tax returns and unresolved pending glitches of Income tax portal, CBDT has decided to extend the due date of filing of various income tax returns and audit reports for FY 2020-21 (A.Y. 2021-22) vide Circular No. 17/2021 dated 9th September, 2021.

Following are extended due dates:

Form/StatementPeriodOriginal Due DateExtended Due Date(Vide Circular No.9/2021 dated 20.05.2021)Further extended Due dates
Income Tax return-By the person who is required to get his accounts audited under section 44AB of Income Tax Act or any other lawF.Y. 2020-2131st October, 202130th November, 202115th February, 2022
Income Tax Return- By partner of the firm who is required to get his accounts auditedFY 2020-2131st October, 202130th November, 202115th February, 2022
Income Tax Return- By CompanyFY 2020-2131st October, 202130th November, 202115th February, 2022
Income Tax Return-By person who is required to furnish audit report with respect to international transaction or specified domestic transactionUnder section 92E of Income Tax ActFY 2020-2130th November, 202131st December, 202128th February, 2022
Income Tax Return-By Any other personFY 2020-2131st July, 202130th September, 202131st December, 2021
Belated/Revised Income Tax Return under section 139(4)/139(5) of Income Tax ActFY 2020-2131st December, 202131st January, 202231st March, 2022
Tax Audit ReportF.Y. 2020-2130th September, 202131st October, 202115th January, 2022
Audit report for persons entering into international transaction or specified domestic transactionF.Y. 2020-2131st October, 202130th November, 202131st January, 2022

Note: 

  1. Above mentioned extension of due dates of Income Tax return filing shall not apply for computation of Interest under Section 234A of Income Tax Act, 1961, i.e., Interest on Delay or non-submission of Income Tax Return, where net amount of tax payable (after deducting TDS and Advance Tax) exceeds INR 1,00,000.

DISCLAIMER: The views expressed are strictly of the author and VJM & Associates LLP. The contents of this article are solely for informational purpose. It does not constitute professional advice or recommendation of firm. Neither the author nor firm and its affiliates accepts any liabilities for any loss or damage of any kind arising out of any information in this article nor for any actions taken in reliance thereon.

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