Income tax return (ITR) submitting deadline for FY21 prolonged once more. Details right here

“The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was thirty first July, 2021 underneath sub-section (1) of part 139 of the Act, as prolonged to thirtieth September, 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby additional prolonged to thirty first December, 2021,” Finance Ministry stated in a press release.

Earlier, ITR submitting deadline was already prolonged to September 30, 2021, from the standard deadline of July 31, 2021.

CBDT additionally prolonged a number of different types underneath Income-Tax 1961(Act) for the evaluation yr 2021-2022:

-The due date of furnishing of Report of Audit underneath any provision of the Act for the Previous Year 2020-21, which is thirtieth September, 2021, as prolonged to thirty first October, 2021 has additionally been additional prolonged to fifteenth January, 2022.

-The due date of furnishing Report from an Accountant by individuals coming into into worldwide transaction or specified home transaction underneath part 92E of the Act for the Previous Year 2020-21, which is thirty first October, 2021, as prolonged to thirtieth November, 2021, is hereby additional prolonged to thirty first January, 2022. 

-The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is thirty first October, 2021 underneath sub-section (1) of part 139 of the Act, as prolonged to thirtieth November, 2021, is hereby additional prolonged to fifteenth February, 2022.

-The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is thirtieth November, 2021 underneath sub-section (1) of part 139 of the Act, as prolonged to thirty first December, 2021, is hereby additional prolonged to twenty eighth February, 2022.

-The due date of furnishing of belated/revised Return of Income for the Assessment Year 2021-22, which is thirty first December, 2021 underneath sub-section (4)/sub-section (5) of part 139 of the Act, as prolonged to thirty first January, 2022, is hereby additional prolonged to thirty first March, 2022.

On Wednesday, the Finance Ministry stated a lot of technical points have been being “progressively addressed” and there was a constructive development mirrored within the statistics of the assorted filings on the web site.

More than 8.83 crore distinctive taxpayers have logged in until Tuesday with a every day common of over 15.55 lakh in September. The Income Tax Return (ITR) submitting has elevated to three.2 lakh every day in September and 1.19 crore ITRs for AY 2021-22 have been filed. Of these, over 76.2 lakh taxpayers have used the web utility of the portal to file the returns, an official launch stated.

Over 94.88 lakh ITRs have been e-verified out of which, 7.07 lakh ITRs have been processed, the assertion added.

The new I-T portal has been dealing with numerous glitches because the time of its launch. Recently, Finance Minister Nirmala Sitharaman conveyed to Infosys CEO Salil Parekh in no unsure phrases the federal government’s “deep disappointment and concern” over the persevering with glitches within the new earnings tax submitting portal and set September 15 because the deadline for the software program main to resolve all snags.

As glitches continued to mar the functioning of the portal even after over two months of its launch, Sitharaman summoned Parekh at her workplace right here to know the explanations for not resolving the snags within the portal.

A press release issued by the Income Tax Department stated that throughout the assembly the finance minister emphasised that there’s a want for placing in additional assets and efforts on the a part of Infosys in order that the much-delayed supply of agreed companies is ensured.

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