Central Board of Direct Taxes has again extended the deadline for filing different audit reports. Surprisingly, this extension occurred soon after the official indicated that there will be no further extensions for filing tax returns. In a nutshell, the due date extensions are listed in the table below. The deadlines for filing a tax audit report, filing a tax return for an audit case, filing a tax audit report under section 92E, and filing income tax returns for said report filed under section 92E, which are connected to transfer, pricing, have all been extended.
Compliance under Income Tax | Original Due Date | Extended Date | Further Extension |
---|---|---|---|
The Deadline for furnishing an Audit Report | 31st October 2021 | 15th February 2022 | 15th March 2022 |
Submission of the Audit Report for Financial Year 2020-21 | 30th October 2021 | 15th January 2022 | 15th March 2022 |
The Deadline for Transfer Pricing Report (Section 92E) for the Financial Year 2020-21 | 31st October 2021 | 31st January 2022 | 15th February 2022 |
The Deadline for filling income Tax Return for the reports submitted under Section 92E | 30th November 2021 | 28th February 2022 | 15th March 2022 |
Regards,
Legal Team
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