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Home » India » CBDT Extends Income Tax Return Filing Deadline Till March 15

India

CBDT Extends Income Tax Return Filing Deadline Till March 15

The Central Board of Direct Taxes (CBDT) on Tuesday extended the deadline of income tax return (ITR) filing for Assessment Year 2021-22 till March 15.

CBDT Extends Income Tax Return Filing Deadline Till March 15
CBDT Extends Income Tax Return Filing Deadline Till March 15. (Representational Image)

New Delhi: Government on Tuesday extended due dates for filing of some Income Tax Returns for the Assessment Year 2021-22. The Central Board of Direct Taxes (CBDT) on Tuesday extended the deadline of income tax return (ITR) filing for Assessment Year 2021-22 till March 15, 2022, a statement by the Ministry of Finance informed.

“On consideration of difficulties reported by taxpayers/stakeholders due to Covid and in e-filing of Audit reports for AY 2021-22 under the IT Act, 1961, CBDT further extends due dates for filing of Audit reports & ITRs for AY 21-22,” said Income Tax Department in a tweet.

Taxpayers who have not e-verified their ITRs for 2019-20 fiscal can complete the verification process by February 28, 2022, as the Income Tax department has given a one-time relaxation to assessees.

The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21, which was 30th September, 2021, in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, as extended to 31st October, 2021 and 15th January, 2022 by Circular No.9/2021 dated 20.05.2021 and Circular No.17/2021 dated 09.09.2021 respectively, is further extended to 15th February, 2022.

The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21, which was 31st October, 2021, in the case of assessees referred in clause (aa) of Explanation 2 to sub-section (1) of section 139 of the Act, is extended to 15th February, 2022.

The due date of furnishing of 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 was 31st October 2021, as extended to 30th November, 2021 and 31st January, 2022 by Circular No.9/2021 dated 20.05.2021 and Circular No.17/2021 dated 09.09.2021 respectively, is further extended to 15th February, 2022.

As per law, an income tax return (ITR), filed electronically without a digital signature, has to be verified electronically through Aadhaar OTP, or net-banking, or code sent through demat account, pre-validated bank account and ATM within 120 days of filing the return.

(With Inputs from ANI and PTI)

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