The last date to file Income Tax Returns has been extended to March 15, 2022.
In a circular issued on Tuesday, the Ministry of Finance said that the due date to file income tax returns for assessment year 2021-22 had been extended “on consideration of difficulties reported by taxpayers and stakeholders due to Covid and in electronic filing of various reports”.”The due date for furnishing of Return of Income for the Assessment Year 2021-22, which was 30th November 2021 under sub-section (1) of section 139 of the Act, as extended to 31st December 2021 and 28th February 2022… is further extended to 15th March, 2022,” the circular says.In the run-up to the earlier December 31 deadline to file income tax returns, many taxpayers and chartered accountants had requested an extension of the due date over glitches on the new income tax filing portal. Apart from Income Tax Returns, the due date for filing of various audit reports has also been extended by the Ministry of Finance’s Central Board of Direct Taxes. The new deadline is February 15, 2022.
The due date of furnishing the Report of Audit under any provision of the Income Tax Act for the previous year 2020-21, which was 30th September, 2021… as extended to 31st October, 2021 and 15th January, 2022… is further extended to 15th February, 2022,” the circular notes.
