In the light of 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 (‘Act’), CBDT has extended due dates as detailed hereunder:
| S. No | Nature of Compliance | Original Due Date | Erstwhile Extended Due Date | Newly Extended Due Date |
| 1 | Income Tax Return for AY 2021-22 (non – audit cases) | 31st July 2021 | 30th Sept, 2021 | 31st Dec, 2021 |
| 2 | Income Tax Return for AY 2021-22 (audit cases) | 31st Oct, 2021 | 30th Nov 2021 | 15th Feb, 2022 |
| 3 | Income Tax Return for AY 2021-22 (Cases in which TP report u/s 92E is required to be furnished) | 30th Nov 2021 | 31st Dec 2021 | 28th Feb, 2022 |
| 4 | Tax Audit Report for AY 2021-22 | 30th Sep, 2021 | 31st Oct, 2021 | 15th Jan, 2022 |
| 5 | Transfer Pricing report u/s 92E | 31st Oct, 2021 | 30th Nov, 2021 | 31st Jan, 2022 |
| 6 | Belated return u/s 139(4) / Revised Return u/s 139(5) for AY 2021-22 | 31st Dec, 2021 | 31st Jan,
2022 |
31st Mar, 2022 |
Clarification 1: Extension of due date for ITR will not affect the Explanation 1 section 234A (interest for default in furnishing ITR) if amount of tax exceeds 1 lakh
Clarification 2: For the purpose of clarification 1, in case of resident individual referred to in section 207(2) i.e., senior citizen not having income under PGBP, tax paid by him u/s 140A within the due date (without considering above extensions and extensions under Circular No. 9/2021) of Act shall be deemed to be the advance tax.
(For detailed understanding, please refer CBDT Press Release dated 9th September 2021)
https://pib.gov.in/PressReleseDetail.aspx?PMO=3&PRID=1753603
DISCLAIMER:
The information contained herein is in summary form based on interpretation of Press Release dated 9th September, 2021. While the information is believed to be accurate to the best of our knowledge, we do not make any representations or warranties, express or implied, as to the accuracy or completeness of this information. Reader should conduct and rely upon their own examination and analysis and are advised to seek their own professional advice. This document is not an offer, invitation, advice or solicitation of any kind. We accept no responsibility for any errors it may contain, whether caused by negligence or otherwise or for any loss, howsoever caused or sustained, by the person who relies upon it.
PDF version is attached:https://www.dpncindia.com/blog/wp-content/uploads/2021/09/DPNC-Extension-of-due-dates-9-September-2021-002.pdf