IT Circular No 17: Due date of furnishing Return of Income Tax for A.Y. 2021-22 extended to 31st December, 2021

IT Circular No 17: Due date of furnishing Return of Income Tax for A.Y. 2021-22 extended to 31st December, 2021

IT Circular No 17: Due date of furnishing Return of Income Tax for A.Y. 2021-22 extended to 31st December, 2021

Circular No.17/2021

F. No. 225/49/2021/ITA-II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
*****

New Delhi, Dated 9th September, 2021

Subject: Extension of time lines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22- reg.

On consideration of difficulties reported by the taxpayers and other stakeholders in electronic filing of Income-tax returns and various reports of audit under the provisions of Income-tax Act, 1961 (Act), the Central Board of Direct Taxes (CBDT), in exercise of its powers under Section 119 of the Act, provides relaxation in respect of the following compliances:

1. The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st July 2021 under sub-section (1) of section 139 of the Act, as extended to 30th September, 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 31st December, 2021;

2. The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21, which is 30th September 2021, as extended to 31st October 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 15th January, 2022;

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3. The due date of furnishing Report from an Accountant by persons entering into international transaction or specified domestic transaction under section 92E of the Act for the Previous Year 2020-21, which is 31st October 2021, as extended to 30th November 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 31st January, 2022;

4. The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 31st October 2021 under sub-section (1) of section 139 of the Act, as extended to 30th November 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 15th February, 2022;

5. The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 30th November 2021 under sub-section (1) of section 139 of the Act, as extended to 31st December 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 28th February, 2022;

6. The due date of furnishing of belated/revised Return of Income for the Assessment Year 2021-22, which is 31st December 2021 under sub-section (4)/sub-section (5) of section 139 of the Act, as extended to 31st January, 2022, vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 31st March, 2022;

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Clarification 1: It is clarified that the extension of the dates as referred to in clauses (9), (12) and (13) of Circular No.9/2021 dated 20.05.2021 and as referred to in clauses (1), (4) and (5) of this Circular shall not apply to Explanation 1 to section 234A of the Act, in cases where the amount of tax on the total income as reduced by the amount as specified in clauses (i) to (vi) of sub-section (1) of that section exceeds one lakh rupees.

Clarification 2: For the purpose of Clarification 1, in case of an individual resident in India referred to in sub-section (2) of section 207 of the Act, the tax paid by him under section 140A of the Act within the due date (without extension under Circular No.9/2021 dated 20.05.2021 and this Circular) provided in that Act, shall be deemed to be the advance tax.

-Sd-
(Ravinder Maini)
Director to the Government of India.

Copy to:

  1. PS to F.M/ PS to MoS (F).
  2. PS to Revenue Secretary.
  3. Chairman (CBDT)& All Members of CBDT.
  4. All Pr. CCsIT/CCsIT/Pr. DGsIT/DGsIT.
  5. All Joint Secretaries/CsIT, CBDT.
  6. Directors/Deputy Secretaries/Under Secretaries of CBDT.
  7. Web Manager, with a request to place the order on official Income-tax website.
  8. CIT (M&TP), Official Spokesperson of CBDT with a request to publicize widely.
  9. JCIT, Data Base Cell for placing it on irsofficersonline.gov.in.
  10. The Institute of Chartered Accountants of India, IP Estate, New Delhi.
  11. All Chambers of Commerce.
  12. The Guard File.
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-Sd-
(Ravinder Maini)

Director to the Government of India.

it-circular-no-17-due-date-of-furnishing-return-of-income-tax-for-a-y-2021-22-extended-to-31st-december-2021

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