Considering the difficulties of taxpayers and other stakeholders reporting income tax returns and various audit reports for assessment year 202122 under the Income Tax Act of 1961, the Central Tax Commission Direct (CBDT) decided to further extend the income tax returns for the assessment year 202122 AND the deadlines for various audit reports.
In accordance with the provisions of Section (1), Section
, the deadline for filing the income statement for fiscal year 202122 is July 31, 2021. Article 139 of the Act has been extended until July 30 September 2021 and is now further extended to December 31, 2021.
provides the expiration date of the 202122 Delayed / Revised Assessment Annual Income Statement, that is, the period extended from December 31, 2021 to on January 31, 2022, and now runs through March 31, 2022.
ITR filing date 2021
202122 The AY ITR filing deadline has been extended. The deadline for filing income taxes is September 30, 2021. It is now December 31, 2021.
“CBDT has notified the extension of the deadline for filing tax returns. For individuals, the tax filing deadline of July 31, 2021 has been extended to September 30, 2021. This deadline is now further extended to December 31, 2021. This is a welcome move. The failure of the tax website has not been resolved. However, you need to remember that when paying taxes, interest on default and deferred taxes collected in advance will continue until the tax return is submitted. Therefore, it is best for taxpayers to pay taxes and submit tax returns as soon as possible,” said Aarti Raote, partner of Deloitte India. The
Income Tax Department recently stated that the new ITR portal is gradually solving some technical problems. So far, 11.19 million ITRs have been submitted in fiscal 2021. For the activities carried out by contributors on the portal, the IT department stated that as of September 7, 2021, more than 8.83 million independent contributors had logged on to the portal, with an average daily log-in volume of more than 15.55 million in September.
Other extensions
The deadline for submitting audit reports in accordance with any provisions of the law is 2021, that is, September 30, 2021, which is extended to October 31, 2021, and is now extended to January 15, 2022.
The deadline for personnel who conduct international transactions or specific domestic transactions in accordance with Article 92E of the law to provide accountants’ reports is the previous year of 2021, that is, October 31, 2021, which is extended to November 30, 2021, and is now even extended. Far. Until January 31, 2022.
According to Article 139(1) of the Act, the deadline for income statements for the 202122 tax year (that is, October 31, 2021) has been extended to November 30, 2021, and is now further extended to February 15, 2022 day.
According to Article 139 (1) of the law, the deadline for submission of the 202122 assessment annual profit and loss statement is November 30, 2021, extended to December 31, 2021, and now continues to February 28, 2022.
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