TIL Desk/Business/New Delhi/ The Central Board of Direct Taxes (CBDT) has extended deadlines for several compliances, including for filing of Income Tax returns for the Assessment Year (AY) 2021-22. The due date of furnishing of returns of income for the assessment year 2021-22 has been extended to 31 December 2021 from 30 September.
In a statement, the finance ministry said that the decision has been taken after consideration of difficulties reported by the taxpayers and other stakeholders in filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22 under the Income Tax Act, 1961.
The due date of furnishing report from an accountant by persons entering into international transaction or specified domestic transaction under section 92E of the Act for the previous year 2020-21, is now 31 January 2022. The IT Department has also decided to extend the due date of furnishing of Return of Income for the AY 2021-22, to 15 February 2022, among several other extensions.
