On September 9, 2021, Ministry of Finance (India) – Central Board of Direct Taxes (CBDT) via press release extended due dates for filing of Income Tax Returns and various reports of Audit for the Assessment Year 2021-22 as follows. Except for exceptional circumstances, we must always try to file before the original due dates and we should not be availing of Covid related extensions.
| Compliance | Original Due Date | Extended Due Date Via Circular No. 9 of 2021 dated May 20, 2021 | Further extended due date via press release dated September 09, 2021 |
| Income Tax Return (in case where Tax Audit is not applicable) for the Assessment Year 2021-22, including individual returns * | July 31, 2021 | September 30, 2021 | December 31, 2021 |
| Tax Audit Report (Form 3CA and Form 3CD) for the Assessment Year 2021-22 | September 30, 2021 | October 31, 2021 | January 15, 2022 |
| Transfer pricing Report (Form 3CEB) for the Assessment Year 2021-22 | October 31, 2021 | November 30, 2021 | January 31, 2022 |
| Income Tax Return (in case where Tax Audit report is applicable) for the Assessment Year 2021-22* | October 31, 2021 | November 30, 2021 | February 15, 2022 |
| Income Tax Return (in case where Transfer Pricing report is applicable ) for the Assessment Year 2021-22* | November 30, 2021 | December 31, 2021 | February 28, 2022 |
| Belated or Revised Income Tax Returns for Assessment Year 2021-22 | December 31, 2021 | January 31, 2022 | March 31, 2022 |
*Note that, for taxpayers, whose entire income tax liability is not discharged by Tax Deducted at Source (TDS) and advance tax and such shortfall is more than INR 100,000, they should file their income tax return within the respective original due dates to avoid interest for defaults in furnishing return of income (i.e. Section 234A of Income Tax Act 1961).