Extends due dates for filing of Income Tax Returns and various reports of audit for Assessment Year 2021-22
Circular No. 01/2022 of Income Tax
On consideration of difficulties reported by taxpayers/stakeholders due to Covid & in e-filing, CBDT further extends due dates for TAR & ITRs for AY 21-22.
Circular No. 01/2022 of Income Tax
Assessee referred
u/s 139 (1)
Explanation 2(a)
The due date extended to 15th February 2022
The due date of furnishing of Report of Audit
Assessee referred
u/s 139 (1)
Explanation 2(aa)
The due date extended to 15th February 2022
The due date of furnishing of Report of Audit
Section 92 (E)
The due date extended to 15th February 2022
The due date of furnishing of Report of Audit
Under Section 139 (1)
The due date extended to 15th March 2022
The earlier due date was 15th February 2022
The due date of furnishing of Return of Income
Under Section 139 (1)
The due date extended to 15th March 2022
The earlier due date was 28th February 2022
The due date of furnishing of Return of Income
It is clarified that this extension shall not apply to Explanation 1 to section 234A of the Act
Clarification 1 by CBDT
For the purpose of Clarification 1, in the case of an individual referred to in sec 207(2), the tax paid by him u/s 140A within the due date, shall be deemed to be advance tax.
Clarification 2 by CBDT
Please Read the Full Circular and Updates Below
Thanks For Reading and Sharing This
Read Here