Latest Update 2024 : ITR and Audit Due date Further Extended by CBDT

Reports on ITRs and Audits CBDT has extended the deadline to January 11, 2024.

The Central Board of Direct Taxes (Income Tax Department) has decided to extend the due dates for submitting Income Tax Returns (ITR) and different audit reports for the Assessment Year 2021-22, as per F. No. 225/49/2021/ITA-II dated 09.09.2021 and CBDT Circular No.01/2022 dated 11.01.2022.

For the Assessment Year 2021-22 under the Income-tax Act, 1961, the CBDT has evaluated submissions relating to challenges raised by taxpayers and other stakeholders in submitting Income Tax Returns and other audit reports (the "Act").

For Assessment Year 2021-22, the CBDT has extended the deadlines for submitting income tax returns and different audit reports.

Extension Table for Annual Year 2021-22 :

Sr.No	Name Of Extension	Original Date	Extended Due Date
1	The due date for furnishing Report of Audit under any provision of the Act for the Previous Year 2020-21 (clause (a) of Explanation 2 to sub-section (1) of section 139)	30.09.2021	15.02.2022
2	furnishing Report from an Accountant by persons entering into an international transaction or specified domestic transaction under section 92E of the Act for the Previous Year 2020-21	31.10.2021	15.02.2022
3	Return of Income for the Assessment Year 2021-22 - section 139 (1) of the Act	31.10.2021	15.02.2022
4	The due date for furnishing of Return of Income for the Assessment Year 2021-22- section 139 (1) of the Act	30.10.2021	15.03.2022
5	The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21. (clause (aa) of Explanation 2 to sub-section (1) of section 139)	31.10.2021	15.02.2022

Clarification :

1. It is clarified that this extension does not apply to Explanation 1 to section 234A of the Act in cases: where the amount of tax on the total income is reduced by the amount as specified in clauses (i) to (vi) of sub-section (1) of that section exceeds one lakh rupees.

2.For Clarification 1, in the 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, Circular No.17/2021 and this Circular) provided in that Act, shall be deemed to be the advance tax.

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Frequently Asked Questions

Q: What is the due date for filing itr and audit report for Annual year 2020-21?

A: In the case of assessees referred to in clause (aa) of Explanation 2 to sub-section (1) of section 139 of the Act, the due date for producing an audit report under any provision of the I-T Act for the financial year 2020-21, which was 31st October 2021, has been extended to 15th February 2022.