Deadline for individuals to file income tax returns extended till December 31

Earlier, the deadline was extended till September 30, 2021. Usually, the last date is 31st July.

The government had on September 9 extended the deadline for filing income tax returns by individuals for the financial year 2021 till December 31 due to pandemic and technical glitches in the income tax portal.

Earlier, the deadline was extended till September 30, 2021. Usually, the last date is 31st July.

“Considering the difficulties reported by the 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 Central Board of Direct Taxes (CBDT) has decided to That the Finance Ministry further said the due dates for filing of returns and various reports of audit for assessment year 2021-22.

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 from October 31 and November 30, to January 15, 2022 and January 31, 2022, respectively, 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 the glitches in the tax portal, the Finance Ministry on September 8 said that it is continuously engaging with Infosys to ensure a smooth filing experience for the 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 Income Tax Act.

.

Leave a Reply