Filing dates for the tax return, extended audit reports

In view of the difficulties reported by taxpayers and other stakeholders due to COVID and in the electronic filing of various audit reports under the provisions of the Income Tax Act 1961 (the Act), The Central Commission for Direct Taxes (CBDT) has decided to further extend the due dates for filing tax returns and various audit reports for the 2021-2022 tax year.

The extended dates are as follows:

The due date for submission of the audit report under any provision of the law for the previous year 2020-2021, which was September 30, 2021, in the case of the evaluators, extended to October 31, 2021 and the 15 January 2022, is further extended until February 15, 2022.

The due date for submission of the audit report under any provision of the law for the previous year 2020-2021, which was October 31, 2021, in the case of the persons evaluated referred to in clause (aa) of explanation 2 in subsection (1) of article 139 of the law, is extended until February 15, 2022.

The due date for the submission of an accountant’s report by persons concluding an international transaction or a domestic transaction specified under section 92E of the law for the preceding year 2020-2021, which was October 31, 2021 , as extended until November 30, 2021 and January 31, 2022 by circular n ° 9/2021 of 20.05.2021 and circular n ° 17/2021 of 09.09.2021 respectively, is extended until February 15, 2022 .

The due date for the income tax return for the assessment year 2021-2022, which was October 31, 2021 under paragraph (1) of article 139 of the law, as extended until 30 November 2021 and February 15, 2022 by Circular n ° 9/2021 of 05.20.2021 and Circular n ° 17/2021 of 09.09.2021 respectively, is extended until March 15, 2022.

The due date for the income tax return for the assessment year 2021-2022, which was November 30, 2021 under paragraph (1) of article 139 of the law, as extended to December 31, 2021 and on February 28, 2022 by Circular n ° 9/2021 of 05.20.2021 and Circular n ° 17/2021 of 09.09.2021 respectively, is extended until March 15, 2022.

It is also specified by the Press Information Office (PIB) that the extension of the dates referred to in paragraphs (12) and (13) of Circular n ° 9/2021 of 20.05.2021, paragraphs (4) and ( 5) of circular n ° 17/2021 of 09.09.2021 and in clauses (4) and (5) above does not apply to explanation 1 of article 234A of the law, in cases where the amount of total income tax reduced by the amount as specified in clauses (i) to (vi) of subsection (1) of this section exceeds rupees one lakh. In addition, in the case of a natural person resident in India referred to in paragraph (2) of Section 207 of the Act, the tax paid by him under Section 140A of the Act in the deadlines (without extension by virtue of circular n ° 9/2021 of 20.05.202, Circular n ° 17/2021 of 09.09.2021 and above) provided for by this law, is deemed to constitute the deposit.