HomeNATIONCBDT extends due date for filing income tax returns

CBDT extends due date for filing income tax returns

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)

Enter Your Email To get daily Newsletter in your inbox

- Advertisement -

Latest Post

Latest News

- Advertisement -