Extension of time lines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22
Circular No. 17/2021 was issued by the Central Board of Direct Taxes on 9 September 2021. Its subject is Extension of time lines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22.
This is an extension of time. It moves a date that the Act or the Rules otherwise fix, and it does so only for the compliance and the period it names — not for anything else that happens to fall due at the same time.
Pushes back six dates for assessment year 2021-22, each already once extended by Circular No. 9/2021 dated 20 May 2021. The section 139(1) return date of 31 July 2021 goes to 31 December 2021; the audit report date for previous year 2020-21 of 30 September 2021 goes to 15 January 2022; the section 92E accountant's report date of 31 October 2021 goes to 31 January 2022; the section 139(1) return date of 31 October 2021 goes to 15 February 2022; the section 139(1) return date of 30 November 2021 goes to 28 February 2022; and the belated or revised return date under section 139(4) and section 139(5) of 31 December 2021 goes to 31 March 2022. Two clarifications qualify the relief. The extension of the return dates does not apply for Explanation 1 to section 234A where the tax on total income, reduced by the amounts in clauses (i) to (vi) of section 234A(1), exceeds one lakh rupees. And for a resident individual within section 207(2), tax paid under section 140A within the unextended due date is deemed to be advance tax.
Difficulties were reported by taxpayers and other stakeholders in the electronic filing of returns and of the various reports of audit.
F. No. 225/49/2021/ITA-1I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** Circular No. 1712021 B" New Delhi, Dated q September, 2021 Subject: Extension of time lines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22- reg. On consideration of difficulties reported by the taxpayers and other stakeholders in electronic filing of Income-tax retums and various reports of audit under the provisions of Income-tax Act,1961 (Act), the Central Board of Direct Taxes (CBDT), in exercise of its powers under Section 119 of the Act, provides relaxation in respect of the following compliances: 1. The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31 5t July 2021 under sub-section (1) of section 139 of the Act, as extended to 30th September, 2021 vide Circular NO.9/2021 dated 20.05.2021 , is hereby further extended to 31 st December, 2021 ; 2. The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21 , which is 30th September 2021 , as extended to 31 st October 2021 vide Circular NO.9/2021 dated 20.05.2021 , is hereby further extended to 15th January, 2022; 3. The due date of furnishing Report from an Accountant by persons entering into intemational transaction or specified domestic transaction under section 92E of the Act for the Previous Year 2020-21 , which is 31 st October 2021 , as extended to 30th November 2021 vide Circular NO.9/2021 dated 20.05.2021 , is hereby further extended to 31 st January, 2022; 4. The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 31 st October 2021 under sUb-section (1) of section 139 of the Act, as extended to 30th November 2021 vide Circular NO.9/2021 dated 20.05.2021 , is hereby further extended to 15th February, 2022; 5. The due date of furnishing of Return of Income for the Assessment Year 2021-22, which is 30th November 2021 under sub-section (1) of section 139 ofthe Act, as extended to 31 st December 2021 vide Circular NO.9/2021 dated 20.05.2021 , is hereby further extended to 28th February, 2022; 6. The due date of furnishing of belated/revised Return of Income for the Assessment Year 2021-22, which is 31 st December 2021 under sub-section (4)/subsection (5) of section 139 of the Act, as extended to 31 st January, 2022, vide Circular NO.9/2021 dated 20.05.2021 , is hereby further extended to 31 st March, 2022; ll Page Clarification 1: It is clarified that the extension of the dates as referred to in clauses (9), (12) and (13) of Circular NO.9/2021 dated 20.05.2021 and as referred to in clauses (1), (4) and (5) of this Circular shall not apply to Explanation 1 to section 234A of the Act, in cases where the amount of tax on the total income as reduced by the amount as specified in clauses (i) to (vi) of sub-section (1) of that section exceeds one lakh rupees. Clarification 2: For the purpose of Clarification 1, in 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 dated 20.05.2021 and this Circular) provided in that Act, shall be deemed to be the advance tax. q- (Ravinder Maini) Director to the Government of India. Copy to: 1. PS to F.M.I PS to MoS (F). 2. PS to Revenue Secretary. 3. Chairman (CBDT)& All Members of CBDT. 4. All Pro CCsIT/CCsIT/Pr. OGsIT/OGsIT. 5. All Joint Secretaries/CslT, CBDT. 6. Directors/Deputy Secretaries/Under Secretaries of CBDT. 7. Web Manager, with a request to place the order on officiallncome tax website. B. CIT (M&TP), Official Spokesperson of CaOT with a request to publicize widely. 9. JeIT, Data Base Cell for placing it on irsofficersonline.gov.in. 10. The Institute of Chartered Accountants of India, IP Estate, New Delhi. 11 . All Chambers of Commerce. 12. The Guard File. ~~ O'i \ 0'1 IIJ.()). \ (Ravinder Maini) Director to the Government of India. 21 Page
In an intimation under section 143(1) for assessment year 2021-22 charging interest under section 234A despite the extended filing date.
It mentions. Circular No. 9/2021
Source: the Income Tax Department’s own published text — its page for this instrument.
