CBDT extends closing date for submitting Income Tax returns for AY 2021-22 to 31 December

CBDT extends closing date for submitting Income Tax returns for AY 2021-22 to 31 December

This comes simply an afternoon after the earnings tax branch stated some of technical problems on the brand new ITR portal are being regularly addressed and 1.19 crore ITRs for 2020-21 economic yr were filed so far.


The Central Board of Direct Taxes on Thursday prolonged the closing date to report Income Tax returns from 30 September to 31 December amid the coronavirus pandemic and technical system faults withinside the IT portal.
"On attention of problems mentioned through the taxpayers and different stakeholders in submitting of Income Tax Returns and numerous reviews of audit for the Assessment Year 2021-22 beneathneath the Income-tax Act, 1961, Central Board of Direct Taxes (CBDT) has determined to in addition amplify the due dates for submitting of Income Tax Returns and numerous reviews of audit for the Assessment Year 2021-22," the finance ministry stated in a announcement.
Earlier, the closing date turned into prolonged to 30 September, 2021. Usually, the ultimate date for submitting the ITR (Income Tax Returns) for the man or woman taxpayers is 31 July.
The CBDT has additionally prolonged the ITR submitting closing date for groups until 15 February, 2022 from 30 November, 2021.
The due date for submitting the tax audit file and switch pricing certificates has been prolonged to fifteen January, 2022 and 31 January, 2022, respectively, from the present closing date of 31 October and 30 November respectively. For submitting belated or revised go back of earnings, the ultimate date has been prolonged through any other months to 31 March, 2022.
With regard to decision of system faults withinside the tax portal, the finance ministry on Wednesday stated it's far constantly attractive with Infosys to make sure a easy submitting revel in for taxpayers. On 1 April, the CBDT notified the paperwork for submitting I-T returns for 2020-21 economic. For the 2020-21 economic, the authorities had given taxpayers the choice to pick out a brand new tax regime beneathneath segment 115BAC of the I-T Act.
This comes simply an afternoon after the earnings tax branch stated some of technical problems on the brand new ITR portal are being regularly addressed and 1.19 crore ITRs for 2020-21 economic yr were filed so far.
Giving updates of sports executed through taxpayers at the portal, the I-T branch stated over 8.eighty three crore specific taxpayers have logged into the portal until 7 September, 2021 with a each day common of over 15.fifty five lakh in September. The Income Tax Return (ITR) submitting has accelerated to 3.2 lakh each day in September 2021.
"A variety of technical problems are being regularly addressed and there was a nice fashion meditated withinside the records of the numerous filings at the portal.... 1.19 crore ITRs for AY 2021-22 were filed. "Of these, over 76.2 lakh taxpayers have used the net application of the portal to report the returns," the Central Board of Direct Taxes (CBDT) stated in a announcement.
The new e-submitting portal, www.incometax.gov.in, turned into released on 7 June. It had a bumpy begin because the day of its release with taxpayers and experts reporting system faults and problems.
"The Ministry of Finance has been often tracking the decision of problems with Infosys Ltd," the announcement added. Infosys turned into in 2019 given the agreement to broaden the portal. "It is encouraging to notice that over 94.88 lakh ITRs have additionally been e-verified, that's important for processing through the Centralized Processing Center. Of this, 7.07 lakh ITRs were processed," it added. Taxpayers were capable of view over 8.seventy four lakh notices issued through the branch beneathneath the faceless assessment / appeal/ penalty court cases, to which over 2.sixty one lakh responses were filed.
An common of 8,285 notices for e-court cases are being issued and five,889 responses are being filed in September 2021 on a each day foundation. Over 10.60 lakh statutory paperwork were submitted, consisting of 7.86 lakh TDS statements, 1.03 lakh Form 10A for registration of trusts /institutions, 0.87 lakh Form 10E for arrears of profits and 0.10 lakh Form 35 for...

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