income tax due date extend

ITR Filing Update: A big update came on the file income tax return

Finance Ministry has recently extended the deadline for filing income tax returns (ITR) for the assessment year 2022-23 by businesses till November 7. This is the third extension granted for the filing of tax returns where an audit is required. The original date was September 30, 2022, which was extended to October 7 and further …

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ITR and Audit Due date Further Extended on 11.01.2022

ITR and Audit Due date Further Extended on 11.01.2022 [Extension Table for AY 2021-22]

ITR and Audit Reports Due Date Further Extended on 11.01.2022 by CBDT The Central Board of Direct Taxes (Income Tax Department) vide F. No. 225/49/2021/ITA-II  dated 09.09.2021 {CBDT Circular No.01/2022 dated 11.01.2022}has decided to further extend the due dates for filing of Income Tax Returns (ITR) and various reports of audit for the Assessment Year …

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Extension of various dues dates of filing Audit Reports and Income Tax Returns under Income Tax Act, 1961 in the backdrop of technical glitches on the IT portal coupled with Covid-19 third wave

Extension of various dues dates of filing Audit Reports and Income Tax Returns under Income Tax Act, 1961 (Representation)

BCAS jointly have made a Representation Smt. Nirmala Sitharaman for extension of various dues dates of filing Audit Reports and Income Tax Return under income tax Act, 1961 in the backdrop of technical glitches on the IT portal coupled with COVID19 third wave ITR Date: 08.01.2022 To, Smt. Nirmala Sitharaman Hon’ble Union Minister for Finance …

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Request for waiver of Late Fees u/s. 234F of the IT Act and extension of Audit report & Income-tax Return for A.Y. 2021-22

Request for waiver of Late Fees u/s. 234 F of the Income Tax Act and extension of Date for filing of audit report & audited I T Return for A.Y. 2021-22 Tax Advocates Association Gujarat To,1. Hon’ble Smt Nirmala SitharamanjiUnion Minister of Finance,Ministry of Finance Govt. of IndiaNorth Block, NEW DELHI – 110001Email : fmo@nic.in 2. …

Request for waiver of Late Fees u/s. 234F of the IT Act and extension of Audit report & Income-tax Return for A.Y. 2021-22 Read More »

Have you missed the deadline of December 31? Know what are the options now?

The last date for filing Income Tax Return i.e. ITR (Income Tax Returns) for the assessment year 2021-22 was 31 December 2021, which has now passed. If you have not filed your ITR till this date, then there is no need to panic. You can still file your ITR. There is an opportunity to file …

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Good News for Taxpayers: Govt may extend ITR filing deadline beyond December 31, 2021

The Union government is mulling extension of the deadline for filing Income Tax returns beyond December 31, 2021, CNBC-TV18 reported on December 27, owing to complaints regarding the new I-T portal. Earlier on December 26, the I-T department informed that over 4.43 crore income tax returns (ITRs) for the 2020-21 fiscal have been filed, including over 11.68 lakh returns …

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Biggest recovery ever in the history of CBIC

WHAT IS e-FILING ? ADVANTAGES OF e-FILING

WHAT IS e-FILING ? THE PROCESS OF ELECTRONICALLY FILING INCOME TAX RETURN, THROUGH THE INTERNET, IS KNOWN AS e-FILING WHO CAN e-FILE? Individuals HUF Companies / BOI / AOP / Firms / Trusts / Local authorities / Artificial juridical person External Agencies Tax professionals – Chartered Accountants Tax Deductors and Collectors Electronic Return Filing Intermediaries …

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extend ITR & Tax Audit Report due dates

Extend Due Date of Income-tax returns, Tax audit reports for FY 2020-21 (AY 2021-22) (Representation)

Sub: REPRESENTATION IN RESPECT TO INCOME TAX RETURNS AND AUDIT REPORT FOR A.Y. 2021-2022 (F.Y.2020-2021) To , Hon’ble Smt Nirmala Sitharaman Ji Union Minister of Finance , Ministry of Finance , Govt. of India. North Block , NEW DELHI – 110001 Email : fmo@nic.in To , Shri Tarun Bajaj Hon’ble Revenue Secretary . Olffice of the …

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Income Tax Portal – Erratic & Irresponsible approach towards IT Infrastructure

IT RETURN: Erratic and Irresponsible approach of Finance Ministry towards IT Infrastructure

Ref: CAAS/Representations/2021-22/07 Date: 19-12-2021 To, The Finance Minister,134, North Block,New Delhi – 110011 Sub: Erratic and Irresponsible approach of Finance Ministry towards IT InfrastructureRef: Our Representation Letter No. CAAS/Representations/2021-22/05 dt.18-06-2021Titled “Succour for Current Income Tax Portal Turmoil” Respected Madam, Kindly refer to our representation letter No. CAAS/Representations/2021-22/05 written exactly 6 months ago, w.r.t. help that …

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Latest Income Tax & GST Weekly Due Dates, Notifications / Press Info, Case Laws, etc

Income Tax Quarterly Updates (April 2021 to June 2021)- Including Covid-19 relaxations / updates

Income Tax Quarterly Updates (April 2021 – June 2021)– Including Covid-19 relaxations / updates Income Tax is the tax that is collected by the Central Government for each financial year levied on the total taxable income of an assessee during the previous year.The Income Tax Act is a comprehensive statute that focuses on the different …

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Some important dates related to income tax

Updated Some important dates related to income tax

The Income Tax Department has extended the deadline for completing many tasks related to income tax for the convenience of taxpayers. In a notification issued by the Ministry of Finance, it has been said that in view of the difficulties being faced by the taxpayers due to Kovid-19, the deadline for tax related work has …

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INCOME TAX RAID

Income Tax: Big Relief to the Taxpayers! Know Income Tax related Updates and Extended Due Dates

In view of the second wave of Corona epidemic, the central government has given many concessions to the common man on the income tax front. Deadline for TDS Return Extended The last date for submission of TDS statement for the fourth quarter (January-March) of the financial year 2020-21 has now been extended to July 15, …

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INCOME TAX COMPLIANCES

Extension of Time Limits For Ease of Tax Compliance Related to Filing of Statement /Certificate/Vivad se Vishwas/ Linkage Aadhar with PAN and Other Compliances

Central Govt provides further relief to taxpayers during these difficult Covid times by extending timelines of certain compliances. Here is a quick look at the list of compliances that have been extended by CBDT Circular No 12/2021, Notification Nos 74/2021 &75/2021 dt 25.06.2021. Extension of Time Compliances related to filing of Statements/ Certificate Extension of …

Extension of Time Limits For Ease of Tax Compliance Related to Filing of Statement /Certificate/Vivad se Vishwas/ Linkage Aadhar with PAN and Other Compliances Read More »

EASING OF INCOME TAX COMPLIANCE

Snapshot of Income Tax related announcements

Govt announces tax exemption for expenditure incurred on Covid treatment &ex-gratia amount recd on death due to Covid. Granting further relief in difficult Covid times, dates of several compliances extended vide Notification Nos 74/2021 & 75/2021 &Circular No 12/2021 dt25.06.2021 Tax Concessions for Payment towards COVID Treatment/Death. Easing of IT Compliance Burden during COVID Additional …

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INCOME TAX

Income Tax (CBDT) Due Date Extended beyond June, 2021 [Extension Table]

The Board of Direct Taxes (Income Tax Department) vide circular & Press Release No. 1730346 dated 25.06.2021, in exercise of its power under section 119 of the Income-tax Act, 1961 (hereinafter referred to as “the Act”) has issued circular w.r.t. Extension of time limits of certain compliances to provide relief to taxpayers in view of …

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Income Tax (CBDT) Due Date Extended beyond May, 2021

Income Tax (CBDT) Due Date Extended beyond May, 2021 [Extension Table]

The Board of Direct Taxes (Income Tax Department) vide circular No. 09/2021, (F. NO.225/49/2021-ITA-1I dated 20.05.2021, in exercise of its power under section 119 of the Income-tax Act, 1961 (hereinafter referred to as “the Act”) has issued circular w.r.t. Extension of time limits of certain compliances to provide relief to taxpayers in view of the …

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Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic

[BIG BREAKING] Income Tax Return, Tax Audit Due Date & Other Due Dates Extended

Income tax return, tax audit due date & Other dates extended Circular No. 9 of 2021 F.No.225/49/2021 -ITA-IIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, Dated 20th May, 2021 Subject: Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic The Central Board of …

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Income Tax (CBDT) Due Date Extended beyond May, 2021

Government extends timelines of certain Income Tax compliances of the severe pandemic

Government extends timelines of certain compliances in light of the severe pandemic In  view  of  the  adverse circumstances arising due to the severe Covid-19  pandemic  and also in view of the several requests  received  from  taxpayers,  tax  consultants  &  other  stakeholders from across the country, requesting that  various  compliance  dates may  be  relaxed,  the  Government  …

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