The Central Board of Direct Taxes (CBDT) on Tuesday extended the due date for filing income tax returns for assessment year 2021-22 till March 15, 2022.
“On consideration of difficulties reported by taxpayers/stakeholders due to Covid & in e-filing of Audit reports for AY 2021-22 under the IT Act, 1961, CBDT further extends due dates for filing of Audit reports & ITRs for AY 21-22,” the Central Board of Direct Taxes (CBDT) said in a press release.
The due date of furnishing 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 in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, as extended to 31st October, 2021 and 15th January, 2022 by Circular No.9/2021 dated 20.05.2021 and Circular No.17/2021 dated 09.09.2021 respectively, is further extended to 15th February, 2022.
The Income Tax Department had earlier said that it has issued refunds of more than ₹1.50 lakh crore so far this fiscal year.
This includes 1.1 crore refunds of Assessment Year 2021-22 amounting to ₹21,323.55 crore.
(With inputs from agencies)