ITR and TAX Audit Due Date– The due date of filing your ITR is a date by which, the assessee can submit your Income Tax Return (ITR) without any late fee and penalty. The class of taxpayers listed under section 44AB compulsorily have to get their accounts audited by a Chartered Accountants before the due date of the Income-tax Audit. For both here is the Extended Due Date of ITR and Tax Audit For AY 2021-22.
Extended ITR and Tax Audit Due Date
Income Tax Return Due Date- The due date of filing an income tax return for a person whose accounts are not required to be audited is 31st July of the assessment year and in case accounts are required to be audited the due date is 31st October of the assessment year.
Update- On 20th May 2021 vide circular no. 9/2021, the government has extended the due date of ITR for the non-audited assessee to 30th September 2021 and for the audited assessee to 30th November 2021.
Income Tax Audit Due Date- For every year, the due date of furnishing the tax audit report is 30th September of the subsequent year. For Assessment Year 2021-22, to mitigate the difficulties faced by taxpayers due to the ongoing COVID-19 pandemic, the Income Tax Audit Due Date For AY 2021-22 has been extended to 31st October 2021.
For easy understanding, here is the chart for ITR and Tax Audit Due Date-
|Particulars||Year/Month||Original Due date||Extended Due date|
|Income Tax Return- Non Audited assessee||FY 2020-21|
|Income Tax Return- Audited assessee||FY 2020-21|
|Tax Audit||FY 2020-21|
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Compiled by- CA Chirag Agarwal (Practicing Chartered Accountants)