Government extends FY21 ITR submitting deadline for people until Sep 30

The authorities on Thursday prolonged the due date of submitting earnings tax returns for Assessment Year 2021-22 (monetary 12 months 2020-21) for people by two months until September 30. The Central Board of Direct Taxes (CBDT) additionally prolonged the ITR submitting deadline for corporations by a month until November 30.
The CBDT in a round stated the extension of cut-off dates for sure tax compliances is being given to supply reduction to taxpayers in view of the extreme pandemic.
Individuals whose accounts usually are not required to be audited and who file ITR-1 or ITR-4 for his or her returns, the deadline to file ITR is July 31.
The deadline for taxpayers, like corporations or corporations, whose accounts are required to be audited is October 31.
The due date for submitting TDS returns and SFT statements, which is due by May 31, has been prolonged by one month to June 30, whereas corresponding due dates for issuance of TDS certificates can be prolonged by one month to July 15.
Last date for submitting belated, revised returns for all classes of taxpayers has been prolonged by one month from December 31, 2021 to January 31, 2022.
“… for taxpayers, whose entire income tax liability is not discharged by TDS and advance tax and such shortfall is more than Rs 1 lakh, they should endeavour to file their ITR within respective original due date to avoid charge of interest u/S 234A, which is charged on filing ITR beyond the original due date at the rate of 1 per cent per month for every month/part thereof after original due date of filing ITR,” Shailesh Kumar, accomplice, Nangia & Co LLP, stated.