CBDT extends due dates for filing of Income Tax Return & Audit Reports for FY 2020-21
CBDT extends due dates for filing of Income Tax return & Audit reports for FY 2020-21
The Central Board of Direct Taxes (CBDT) has issued Circular No. 17 of 2021, dated 9th September 2021, extending the due dates for filing of Income Tax return and audit reports for the FY 2020-21 due to the difficulties faced by taxpayers and stakeholders while filing the forms. The extended due dates are given below for your quick reference:
| Compliance | Original Due date | Extended Date | Further Extended Date |
| Income Tax return for the FY 2020-21 (Assessment Year 2021-22) in case of  Individuals and other assessees not liable for tax audit. | 31/07/2021 | 30/09/2021 | 31/12/2021 |
| Income Tax Return submission for any assessees subject to Audit under any provisions of the Income Tax Act. | 31/10/2021 | 30/11/2021 | 15/02/2022 |
| Income Tax Return submission for assessees subject to transfer pricing audit u/s 92E. | 30/11/2021 | 31/12/2021 | 28/02/2022 |
| Tax Audit Report under any provision of the Income Tax Act, 1961 (other than Transfer Pricing audit report) | 30/09/2021 | 31/10/2021 | 15/01/2022 |
| Transfer Pricing Report in Form 3CEB u/s 92E of the Income Tax Act, 1961 | 31/10/2021 | 30/11/2021 | 31/01/2022 |
| Furnishing of belated/revised Return of Income for the Assessment Year 2021-22 | 31/12/2021 | 31/01/2022 | 31/03/2022 |
Clarification 1:
If the tax payable by the assessees exceeds Rs. 1,00,000 after taking the credits of tax deduction at source, advance tax, tax relief or foreign tax credits and the return is filed after original due dates as mentioned in column 2 above, interest under section 234A is applicable at 1% per month for the delay in filing the return of income.
Clarification 2:
If resident senior citizens not having income from business or profession pay tax within 31st July 2021 (original due date), it will be considered as advance tax.
Please click the below link to read the Circular.