Government has extended the deadline for filing income tax returns to March 15, according to a notification issued by the department of revenue of the finance ministry.
The deadline has been extended due to difficulties being faced by the taxpayers due to the prevailing Coronavirus situation, the notification said, adding that the deadline has also been extended due to problems being faced while e-filing of various audit reports under the provisions of the Income Tax Act 1961.
The following extensions has been provided by the government :
1) Due Date to furnish Tax Audit Report under Income Tax Act :
Existing Date :- 15th January, 2022
Extended To :- 15th February, 2022
2) Due Date for Income Tax Return for Audit Case:
Existing Date :- 15th February, 2022
Extended to :- 15th March, 2022
3) Due Date to furnish Tax Audit Report under Section 92E Income Tax Act(Transfer Pricing) :
Existing Date :- 31st January, 2022
Extended To :- 15th February, 2022
4) Due Date for Income Tax Return for reports submitted under Section 92E of Income Tax Act(Transfer Pricing):
Existing Date :- 28th February, 2022
Extended to :- 15th March, 2022