CBDT extends the deadline for ITR filing

September 9, 2021 Hot from the Oven Valli Sarvani No comments

Taxpayers are facing difficulties with filing their income tax returns (ITR) due to the pandemic. Besides, the new portal launched by the income tax (IT) department increased their troubles.

Website issues and lack of awareness on the usage of the new website are troubling taxpayers. In this context, the Central Board of Direct Taxation (CBDT) extended the deadline for filing ITR for the financial year 2020-21 till December 31.

Normally, the due date for filing ITR is July 31. However, due to COVID-19 conditions, the Finance Ministry extended the deadline for filing ITR several times last year. This year also, it has been extended twice. First, the deadline was extended to September 30, and now to December 31, 2021.

The CBDT also extended deadlines for various taxpayers as follows:

The due date for filing a belated or revised ITR has been extended till March 31, 2022.

The deadline for companies has been extended till February 15, 2022, from November 30, 2021.

The deadline for filing the tax audit report and transfer pricing report has also been extended till January 2022. The due date for filing the tax audit was October 31. Now it has been extended to January 15, 2022. Similarly, the deadline for filing preparing the transfer pricing report has been extended to January 31, 2022, from November 30, 2021.

The Finance Ministry says ITR filings have been increased as more taxpayers are filing their income tax returns. More than 15 lakh taxpayers are using the website daily. In September month alone, 3.2 lakh daily ITRs have been filed. However, website issues restricted the users.

Taxpayers have been facing difficulties with the new IT portal since its launch due to glitches. The glitches have been continued even after two months.

Finance Minister Nirmala Sitharaman expressed her concern on this matter. She said that the government was deeply disappointed with these issues. The government asked Infosys to resolve all snags by September 15.

Image by Gerd Altmann from Pixabay (Free for commercial use)