Extension of Due Date for ITR and Tax Audit Report for AY 2021-22
Extension of Due Date for ITR and Tax Audit Report for AY 2021-22
On consideration of difficulties reported by the taxpayers and other stakeholders in the filing of Income Tax Returns and various Tax Audit Report for the Assessment Year 2021-22, the Central Board of Direct Taxes has announced the Extension of Due Date for ITR and Tax Audit Report for AY 2021-22.CBDT extended the deadline for filing of ITR for FY 2020-21 to December 31, 2021. This is the second time the ITR filing deadline has been extended. The current article briefs the extension so provided.
Synopsis of Notification
Type of Compliance extended via the circular 17/2021 dated 9th September 2021 is listed as follows:
- Income Tax Return (Assessee not subject to Audit): Under section 139(1) of the Income Tax Act, 1961
- Income Tax Return (Assessee subject to Audit): Under section 139(1) of the Income Tax Act, 1961
- Income Tax Return (Assessee subject to Transfer Pricing Report): under section 139(1) of the Income Tax Act, 1961
- Tax Audit Report: under any Provision/ Section of the Income Tax Act, 1961
- Transfer Pricing Report: under section 92E of the Income Tax Act, 1961
- Belated/ Revised Income Tax Return: u/s 139(4)/ 139(5) of the Income Tax Act, 1961
Due Date for Furnishing Income Tax Return (ITR)
The revised due date for furnishing the Income Tax Return (ITR) for AY 2021-22 is explained in detail below:
ITR for AY 2021-22 (Non-Audit Cases)
CBDT announced that the due date for furnishing return of income tax return (ITR) for the AY 2021-22 is further extended to 31st December 2021.
The extension is applicable for non-audit cases by salaried and other Individuals, HUF, firms, and other persons other than a company, where the due date as per section 139(1) is 31st July 2021 and which was earlier extended to 30th September 2021
ITR for Audit Cases for AY 2021-22 and Companies
CBDT now announced that the due date of furnishing of Return of Income for the Assessment Year 2021-22 is extended to 15th February 2022. The earlier due date is as follows
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,
ITR for TP Cases for AY 2021-22
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 is further extended to 28th February 2022. ITR for TP Cases for AY 2021-22 was earlier extended to 31st December 2021 vide Circular No.9/2021 dated 20.05.2021,
Due date of furnishing of belated/Revised Return of Income
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;
Due Date for Filing of Tax Audit Reports
The due date of furnishing of Report of Audit under any provision of the Income Tax Act for the Previous Year 2020-21, which is 30th September 2021, as extended to 31 st October 2021 vide Circular NO.9/2021 dated 20.05.2021, is hereby further extended to 15th January 2022
Due Date of furnishing Report from an Accountant
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 Income-tax Act for the Previous Year 2020-21 is further extended to 31st January 2022.
The due date of furnishing Report from an Accountant earlier extended to 30th November 2021 vide Circular No.9/2021 dated 20.05.2021,
CBDT Clarification ITR Due date Extension
In the above Circulars, the CBDT has clarified that the extension of due dates for filing of Income Tax Return shall not affect the provisions under Explanation 1 to section 234A (Interest for default in furnishing ITR) if the amount of tax payable exceeds Rs. 1 lakh.
Further, it has been clarified that in the case of a resident individual referred to in section 207(2), i.e. senior citizen not having any income from business or profession, the tax paid by him u/s 140A within the original due date (without extension), shall be deemed to be the advance tax.
Refer to the following table for the understanding of the Extension of Due Date for ITR and Tax Audit Report for AY 2021-22
| Compliances | Normal Due Date | Extended Due Date | Extended Due Date |
| As per section 139(1) and Others | 1st Extension Circular No. 9/2021 dated 20.05.2021 |
2nd Extension Circular No. 17/2021 dated 09.09.2021 |
|
| ITR for AY 2021-22 (Non-Audit Cases) |
31-07-2021 | 30-09-2021 | 31-12-2021 |
| Tax Audit Report in Form 3CA-3CD/3CB-3CD | 30-09-2021 | 31-10-2021 | 15-01-2022 |
| Tax Audit Report in Form 3CEB u/s 92E | 31-10-2021 | 30-11-2021 | 31-01-2022 |
| ITR for Audit Cases for AY 2021-22 and Companies | 31-10-2021 | 30-11-2021 | 15-02-2022 |
| ITR for TP Cases for AY 2021-22 | 30-11-2021 | 31-12-2021 | 28-02-2022 |
| Belated/Revised Return for AY 2021-22 | 31-12-2021 | 31-1-2022 | 31-03-2022 |
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