The Extended due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22. The details are as under:
|S.no||Particulars||Original Due Date||Previous Extended Date||Current Extended Date|
|1||Income Tax Return (Assessees not subject to Audit)||31.07.2021||30.09.2021||31.12.2021|
|2||Tax Audit Report: under any Provision/ Section of the Income Tax Act, 1961||30.09.2021||31.10.2021||15.01.2022|
|3||Transfer Pricing Report: u/s 92E of the Income Tax Act, 1961||31.10.2021||30.11.2021||31.01.2022|
|4||-If an assessee is required to get its accounts audited under Income-tax Act or any other law|
-If the assessee is a partner in a firm whose accounts are required to be audited
-If an Individual is spouse of a person, being a partner in a firm whose accounts are required to be audited, and the provisions of section 5A applies to such spouse.
|5||-Assessee required to furnish a report of transfer pricing (TP) Audit in Form No. 3CEB|
-If assessee is a partner in a firm who is required to furnish a report of Transfer Pricing (TP) Audit in Form No. 3CEB
-If an Individual is a spouse of a person, being a partner in a firm required to furnish a report of Transfer Pricing (TP) Audit in Form No. 3CEB and the provisions of section 5A applies to such spouse.
|6||Belated/revised Return of Income for the Assessment Year 2021-22,||31.12.2021||31.01.2022||31.03.2022|
The extension of due dates for filing of Income Tax Return shall not affect the provisions under Explanation 1 to section 234A (Interest for default in furnishing ITR), if amount of tax payable exceeds Rs. 1 lakh. which means if your tax > 1 lakh, please pay interest.
Further, it has been clarified that in the case of a resident individual i.e. senior citizen not having any income from business or profession, the tax paid by him u/s 140A within the original due date (without extension), shall be deemed to be the advance tax.