CBDT Circular 17/2021: Further Extension of ITR Filing Due Dates

CBDT has further extended the due dates for filing of Income Tax Return (ITR)/ Tax Audit Report (TAR)/ Transfer Pricing Report (TPR), in respect of FY 2020-21/ AY 2021-22, in view of difficulties reported by the taxpayers and other stakeholders in e-filing thereof at the portal, vide Circular 17/2021 dt. 09/09/2021, as under:

CBDT Income Tax Circular 17/2021 dt. 09/09/2021: Extension of time lines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22

On consideration of difficulties reported by the taxpayers and other stakeholders in electronic filing of Income-tax returns and various reports of audit under the provisions of Income-tax Act, 1961 (Act), the Central Board of Direct Taxes (CBDT), in exercise of its powers under Section 119 of the Act, provides relaxation in respect of the following compliances:

i) The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31/07/2021 under sub-section (1) of section 139 of the Act, as extended to 30/09/2021 vide Circular No. 9/2021 dated 20/05/2021, is hereby further extended to 31/12/2021;

ii) The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21, which is 30/09/2021, as extended to 31/10/2021 vide Circular No. 9/2021 dated 20/05/2021, is hereby further extended to 15/01/2022;

iii) The due date of furnishing Report from an Accountant by persons entering into international transaction or specified domestic transaction under section 92E of the Act for the Previous Year 2020-21, which is 31/10/2021, as extended to 30/11/2021 vide Circular No. 9/2021 dated 20/05/2021, is hereby further extended to 31/01/2022;

iv) The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 31/10/2021 under sub-section (1) of section 139 of the Act, as extended to 30/11/2021 vide Circular No. 9/2021 dated 20/05/2021, is hereby further extended to 15/02/2022;

v) The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 30/11/2021 under sub-section (1) of section 139 of the Act, as extended to 31/12/2021 vide Circular No. 9/2021 dated 20/05/2021, is hereby further extended to 28/02/2022;

vi) The due date of furnishing of belated/ revised Return of Income for the Assessment Year 2021-22, which is 31/12/2021 under sub-section (4)/ sub-section (5) of section 139 of the Act, as extended to 31/01/2022, vide Circular No. 9/2021 dated 20/05/2021, is hereby further extended to 31/03/2022;

Clarification 1: It is clarified that the extension of the dates as referred to in clauses (9), (12) and (13) of Circular No. 9/2021 dated 20/05/2021 and as referred to in clauses (1), (4) and (5) of this Circular shall not apply to Explanation 1 to section 234A of the Act, in cases where the amount of tax on the total income as reduced by the amount as specified in clauses (i) to (vi) of sub-section (1) of that section exceeds one lakh rupees.

Clarification 2: For the purpose of Clarification 1, in case of an individual resident in India referred to in Sub-section (2) of section 207 of the Act, the tax paid by him under section 140A of the Act within the due date (without extension under Circular No. 9/2021 dated 20/05/2021 and this Circular) provided in that Act, shall be deemed to be the advance tax.

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ITR & TAR Due Dates further Extended by CBDT: FY 2020-21/ AY 2021-22

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