JHS Associates

KNOWLEDGE ALERTS INSIGHTS TO UPDATE YOU ON MAJOR REGULATORY AMENDMENTS 08TH JANUARY, 2022 TO 14TH JANUARY, 2022

Extension of timelines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22

The Central Board of Direct Taxes provides relaxation in electronic filing of various reports of audit under the provisions of the Income-tax Act,1961 (Act) on considering of difficulties reported by the taxpayers due to COVID. Some of the relaxations are as below:,
1. The due date of furnishing of Report of Audit under any provision of the Act for the Previous Year 2020-21, is hereby further extended to 15th February, 2022.
2. The due date of furnishing of Report from an Accountant by persons entering into international transaction or specified domestic transaction under section 92E of the Act for the Previous Year

2020-21, is hereby further extended to 15th March, 2022.
3. The due date of furnishing of Return of Income for the Assessment Year 2021-22, is hereby further extended to 15th March, 2022

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