Deadline for filing income tax returns extended till December 31

The deadline for Income Tax Return (ITR) has been extended by three months this time.

New Delhi:

The deadline for filing income tax returns has been extended till December 31, the government said on Thursday, amid the coronavirus pandemic and persistent technical problems with its website. Usually by the end of July, the date was last extended in May till September 30, in view of the coronavirus pandemic.

“On considering the difficulties reported by taxpayers and other stakeholders in filing of various reports of income-tax return and audit for the assessment year 2021-22 under the “Income-tax Act, 1961 (“the Act”), the Central Board of Direct Taxes (CBDT) ) has decided to further extend the due dates for filing of income tax returns and various audit reports for the assessment year 2021-22,” the finance ministry said in a statement.

“The due date for furnishing the return of income for the assessment year 2021-22, which was the 31st day of July, 2021 under sub-section (1) of section 139 of the Act, has been extended to the 30th September, 2021 vide circular no. /2021 dated 20.05.2021, is hereby extended to 31st December, 2021.”

The CBDT has also extended the deadline for companies to file ITR from November 30, 2021 to February 15, 2022.

The due date for filing tax audit report and transfer pricing certificate has been extended to January 15, 2022 and January 31, 2022, respectively, from the existing deadline of October 31 and November 30, respectively.

The last date for filing late or revised income return has been extended by two more months to March 31, 2022.

With regard to resolving glitches in the tax portal, the Finance Ministry on Wednesday said it is continuously engaging with Infosys to ensure a smooth filing experience for taxpayers.

On April 1, the CBDT notified the forms for filing IT returns for the financial year 2020-21.

For the financial year 2020-21, the government had given taxpayers an option to choose a new tax regime under section 115BAC of the IT Act.

(with inputs from PTI)

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