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The revised due date is 31st December 2021, read press release The common due date of filing the Income Tax Return by Assesse whose Books of Account are not required to be audited is 31st July 2021.Due Date is different according to audit or non-audit case of such categories as defined in section 139(1) Last Date of Income Tax Return Filing for AY 2021-22 (Non-Audit Cases) Individual, HUF, Firm, LLP, Company, Trust and AOP/BOI. There is a different category of taxpayer viz. “Necessary legal circulars and legislative amendments for giving effect to the aforesaid relief shall be issued in due course.”įiling Income Tax Return Due Dates for FY 2020-21 (AY 2021-22).No late fee/penalty shall be charged for delay relating to this period.” 0.75% per month instead of 1/1.5 percent per month) will be charged for this period. “For delayed payments of advanced tax, self-assessment tax, regular tax, TDS, TCS, equalization levy, STT, CTT made between 20th March 2020 and 30th June 2020, reduced interest rate at 9% instead of 12 %/18 % per annum ( i.e.“Government to infuse Rs 50,000 crores liquidity by reducing rates of TDS, for non-salaried specified payments made to residents, and rates of Tax Collection at Source for specified receipts, by 25% of the existing rates”.Order u/s 119 of the Income-tax Act, 1961 regarding extension of dates for filing of belated and revised ITRs for the A.Y.“Instruction sheets for filling of ITR-2,3,5,6 & 7 revised for better clarity”.“Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic”, read circular.CBDT department again extended the due date of several ITR forms, read press release.“The due date for completion of penalty proceedings under the Act has also been extended from 30th September, 2021 to 31st March, 2022.”.“Time limit for intimation of Aadhaar number to the Income tax Department for linking of PAN with Aadhaar has been extended from 30th September, 2021 to 31st March, 2022.”.Odisha Tax Advocates and Chandigarh Association have requested to the Finance Minister of India related to the extension of income tax return, tax audits and TAR return filing due dates for AY 2021-22.“Dear Taxpayers, Do remember to file your Income Tax Return for AY 2021-22 within the extended due date of 31st December, 2021.The CBDT department has released general circular number 01/2022 regarding extension audit reports and ITRs for AY 2021-22.Income Tax Changes Due to Covid-19 Pandemic The assessee has to pay Income tax if his total Income after allowing Chapter VI-A Deduction is more than the taxable income limit. Income which is generated from the various head of income viz.Salary, House Property, Business, Capital Gain and Income from other sources. Income tax is a direct tax that is directly attributable to the income of the assessee. There are two types of tax levy one is a direct tax and the second one is an indirect tax.