
ITR Filing: The returns on income for financial year 2021-22 can be filed by September 30
Amid the severity of the second wave of the COVID-19 pandemic, the government extended the due date of filing income tax returns (ITR) for the financial year 2020-21 by two months till September 30, to provide relief to taxpayers. The Finance Ministry also extended the timelines for various tax compliances under the Income-Tax Act,1961, to address difficulties faced by taxpayers during the pandemic. (AlsoRead: New Income Tax E-filing Portal To Be Launched For Taxpayers On June 7 )
The Central Board of Direct Taxes (CBDT), the apex body which heads the Income Tax (I-T) department, also extended the ITR filing deadline for companies by a month till November 30. According to a statement released by the Ministry of Finance on Thursday, May 20, Also, the deadline for issuing Certificate of Tax Deducted at Source in Form No 16 by employers to employees is extended by a month till July 15, 2021.
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