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ITR filing Due date Extended further

There was a significant relaxation for taxpayers with the extension of the ITR Filing Due Date. Many errors and glitches were reported by professionals and taxpayers in the new income tax portal. Taxpayers and professionals requested that the government extend the ITR Filing due dates for this reason. The Income Tax Department responded to the request by issuing a new notice. This article will discuss the most recent update from the ITR filing Due date Extended further.

Taxpayers face problems in the new Income Tax Portal

On June 7, 2021, the Ministry of Finance launched an income tax portal in collaboration with Infosys. Numerous professionals and taxpayers have reported numerous issues with the portal since its launch.

Taxpayers in India demanded that the Ministry of Finance take action due to errors on the Income Tax website. Nirmala Sitharaman, Finance Minister, summoned Infosys CEO for an inquiry about the issue.

Taxpayers get relief by extension of ITR Filing Deadlines

Infosys was required to resolve any issues on the website by 15 September 2021. The taxpayers were concerned about the ITR Filing deadlines. To help taxpayers, the government issued new filing deadlines for income tax returns. The new due dates for Income Tax Returns were extended to September 2, 2021.

You may also read the details of Tax return of Bankrupt Firms

Extended due date for ITR filing

In order to extend the due date for Income Tax Returns, electronic forms were used and returns that didn’t need auditing. The ITR Filing Due Dates have been extended in the latest update from the Income Tax Department, dated September 9, 2021. As per the notification by Income Tax Department, CBDT extends due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22. These are the details.

  1. The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st July 2021 under sub-section (1) of section 139 of the Act, as extended to 30th September 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 31st December 2021;

2. The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21, which is 30th September 2021, as extended to 31st October 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 15th January 2022.

3. The due date of furnishing Report from an Accountant by persons entering into an international transaction or specified domestic transaction under section 92E of the Act for the Previous Year 2020-21, which is 31st October 2021, as extended to 30th November 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 31st January 2022.

4. The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 31st October 2021 under sub-section (1) of section 139 of the Act, as extended to 30th November 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 15th February 2022.

5. The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 30th November 2021 under sub-section (1) of section 139 of the Act, as extended to 31st December 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 28th February 2022.

6. The due date of furnishing of belated/revised Return of Income for the Assessment Year 2021-22, which is 31st December 2021 under sub-section (4)/sub-section (5) of section 139 of the Act, as extended to 31st January 2022, vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 31st March 2022.

Click to know more about ITR Filing Due Date Extended For FY21

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