Latest Update: For the Assessment Year 2021-22 Due Date for Tax Audit Cases Extended

In light of the difficulties reported by taxpayers and other stakeholders as a result of COVID and electronic filing of various audit reports under the provisions of the Income-tax Act of 1961 (Act), the Central Board of Direct Taxes (CBDT), in exercising its powers under Section 119 of the Act, relaxes the following requirements:

  1. In the case of assessees referred to in clause (aa) of Explanation 2 to sub-section (1) of section 139 of the Act, the due date for filing a Report of Audit under any provision of the Act for the previous year 2020-21, which was 31st October 2021, is hereby extended to 15th February 2022. 
  1. The due date for submission of Report of Audit under any provision of the Act for the Previous Year 2020-21, which was 30th September 2021 in the case of assessees referred to in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, has been extended to 15th February 2022 by Circular No.9/2021 dated 20.05.2021 and Circular No.17/2021 dated 09.09.2021 respectively. 
  1. The due date for submitting a Report from an Accountant by persons entering into international transactions or certain domestic transactions under section 92E for the previous year 2020-21, which was 31st October 2021, has been extended to 30th November 2021 and 31st January 2022, respectively, by Circular No.9/2021 dated 20.05.2021 and Circular No.17/2021 dated 09.09.2021. 
  1. The deadline for issuing the Return of Income for the AY 2021-22, which was 30th Nov 2021 under sub-section (1) of section 139 of the Act, has been extended to 31st December 2021 and 28th February 2022 by Circular No.9/2021 dated 20.05.2021 and Circular No.17/2021 dated 09.09.2021, respectively. 
  1. The due date for filing the Return of Income for the AY 2021-22, which was 31st October 2021 under sub-section (1) of section 139 of the Act, has been extended to 30th November 2021 and 15th February 2022 by Circular No.9/2021 dated 20.05.2021 and Circular No.17/2021 dated 09.09.2021, respectively.

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