The government has extended the due date for filing income tax returns for the assessment year 2021-22 by two months, to September 30, 2021, from the existing deadline of July 31, 2021, while giving an extension to tax audit and 12 compliance deadlines for FY 21 to provide relief to taxpayers due to Covid pandemic.
In a press conference on May 13, 2020, the government announced an income tax due date extension in India for FY 2019-20. The income tax return filing due date has been extended from July 31, 2020, to November 30, 2020.
The statement passed by CBDT was “The ‘due date’ for filing income-tax returns for the assessment year 2019-20 is 31.07.2019 for certain categories of taxpayers. It has been reported that some of the taxpayers are facing difficulties in filing their income tax returns due to various reasons, including the extension of the due date for issue of Form 16 for the assessment year 2019-20”
Thus, it is clearly mentioned that the demand for an extension on filing ITR is prolonged from the issuing of tax deductions with proper source statements. The Income-tax branch has postponed the deadline for employers to issue Form 16 TDS certificates for the financial year 2018-19 and extended it to 25 days, which is up to July 10th. The balance taxpayers are left behind with a time frame of a maximum of 20 days to complete their ITR filing process. The July 16 reports were circulated all through social media on the large changes in ITR Forms. The information from the income tax department shows that the software has been updated.
