ITR and Audit Due date Further Extended on Jan 11, 2022 [CS Lalit Rajput]



  • ITR and Audit Reports Due Date Further Extended on 11.01.2022 by CBDT

The Central Board of Direct Taxes (Income Tax Department) vide F. No. 225/49/2021/ITA-II

 dated 09.09.2021 {CBDT Circular No.01/2022 dated 11.01.2022} 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 filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22 under the Income-tax Act, 1961(the “Act”).

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

The due date for furnishing Report of Audit under any provision of the Act for the Previous Year 2020-21

(clause (a) of Explanation 2 to sub-section (1) of section 139)

30.09.2021

15.02.2022

2

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

15.02.2022

3

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

31.10.2021

15.02.2022

4

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

30.11.2021

15.03.2022

5

The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21.

(clause (aa) of Explanation 2 to sub-section (1) of section 139)

31.10.2021

15.02.2022

  • Clarification:
  1. It is clarified that this extension 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.
  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, Circular No.17/2021 and this Circular) provided in that Act, shall be deemed to be the advance tax.

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