This year Financial year 2020-2021 had come to an end without any big announcements like every year. But most of the things are normal as it was. Get ready to file Income Tax returns on time. Income Tax department had also set a deadline for filing Income tax returns for the Assessment year 2021-22.
The Finance Ministry's Central Board of Direct Taxes (CBDT) also extended the ITR filing deadline for companies by a month till November 30. The Government has extended the time limits for certain tax compliance due to Corona Pandemic disease spread and continuous lockdown in the country. The deadline for taxpayers, like Corporates and others, whose accounts are required to be audited is extended from October 31 to November 30, 2021.
Earlier date for filing TDS returns and SFT statements was due on May 31st 2021. This had been extended till June 30, whereas corresponding due dates for issuance of TDS certificates is also extended by one month to July 15.
Other filing like belated and revised returns for all categories of taxpayers has been extended by one month from December 31, 2021 to January 31, 2022.