Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 No more tax filing hassles with digital Form 16 Know how it works
 ITR Filing 2025: These individuals are exempt from paying tax. Do they need to file returns?
 Full List Of Trump's Reciprocal Tariffs Announced Wednesday
 Top 5 tax-saving investment options for salaried individuals to consider before March 31, 2025
 5 lesser lesser-known avenues of tax saving you can use to save income tax before March 31, 2025
 March 15 is deadline for last advance tax installment: Know if you must pay
  5 small savings options that save tax under Section 80C
 ITR filing 2025: How often can Indian taxpayers switch between new and old income tax regimes?
 Tax planning for 2025: How to maximise your savings before March 31 deadline
 New income tax bill reaches Parliament: Finance Minister Nirmala Sitharaman tables I-T Bill 2025 in Lok Sabha
 5 major changes in the last 6 months every taxpayer should know!

Income tax return filing deadline for FY 2020-21 extended to December 31, 2021
September, 09th 2021

The government has once again extended the deadline to file income tax return (ITR) for FY 2020-21 by three months to December 31, 2021 from September 30, 2021. The deadline has been extended due to glitches on the new income tax portal which had made it difficult for scores of taxpayers to complete their ITR filing process.

This is the second time this fiscal the government has extended the deadline of filing ITR for individuals whose accounts are not required to be audited. Earlier, due to the second wave of the Covid-19, the ITR filing deadline was extended by two months from usual deadline of July 31 to September 30, 2021.

As per the press release issued by Central Board of Direct Taxes today, "The due date of furnishing of Return of Income for the Assessment Year 2021-22, which was 31st 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 31st December, 2021."


Along with this, the government has extended the deadline to file belated and/or revised ITR by two months from January 31, 2022 to March 31, 2022. "The due date of furnishing of belated/revised Return of Income for the Assessment Year 2021-22, which is 31st December, 2021 under sub-section (4)/sub-section (5) of section 139 of the Act, as extended to 31st January, 2022, vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 31st March, 2022."

Tech issues in new e-filing portal
ET online had reported earlier that the ITR filing deadline may have to be extended beyond September 30, 2021 due to the glitches in the new income tax portal.


The newly launched income tax filing portal of the tax department was marred with technical issues from day one its launch. Many tax filers were finding it difficult to file their returns using the portal. Various stakeholders complained of issues faced during different stages of the filing process. Some taxpayers even complained that interest and late fee was charged while filing ITR after July 31, 2021 (the deadline which was extended to September 30, 2021).

The government had earlier extended the deadline for receiving Form 16 from the employers twice first from June 15, 2021, to July 15, 2021, and then again to July 31, 2021. This had left exactly two months for the individuals to file their ITR. However, the new portal being slow had made it difficult for taxpayers to file their returns.

Missing the ITR filing deadline would have had penal consequences. A late filing fee of Rs 5,000 would be levied if the ITR is filed by an individual af ..

Do keep in mind that government has also extended the deadline of filing belated ITR by one month from new deadline of December 31, 2021, to January 31, 2022. If the ITR is not filed by January 31, 2022, then the individual will not be able to file ITR for FY 2020-21, unless a notice is issued by the income tax department.


A late filing fee of Rs 5,000 along with penal interest at the rate of 1 per cent per month will be levied on the non-payment of tax dues in this case.

Other income tax deadlines extended
As per the press release, the CBDT has also extended the various other deadlines related to ITR filing:
1. 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 31st October, 2021 vide Circular No.9/2021 dated 20.05.2021, is hereby further extended to 15th January, 2022;

 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting