Extension of filing deadlines for income-tax returns and audit reports, with clarified exceptions for high-tax cases. The tax administration further extends due dates for furnishing a Report of Audit, a Report from an Accountant for international or specified domestic transactions, and the Return of Income for Assessment Year 2021-22 to later specified dates. The extension is subject to two clarifications: it does not apply to the late-filing interest provision where residual tax exceeds a specified threshold, and advance tax paid by resident individuals within the original statutory due date will be treated as advance tax despite the extensions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Extension of filing deadlines for income-tax returns and audit reports, with clarified exceptions for high-tax cases.
The tax administration further extends due dates for furnishing a Report of Audit, a Report from an Accountant for international or specified domestic transactions, and the Return of Income for Assessment Year 2021-22 to later specified dates. The extension is subject to two clarifications: it does not apply to the late-filing interest provision where residual tax exceeds a specified threshold, and advance tax paid by resident individuals within the original statutory due date will be treated as advance tax despite the extensions.
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