Extension of Due Dates of Filing of Income Tax Returns

The dates for filing Income Tax returns are extended from Jul 31, 2021 to September 30, 2021 for individual assesses, where Audit is not required. The Central Board of Direct Taxes under Ministry of finance of Government of India has released circular no: 9 of 2021 on 20th May 2021 regarding the extension in timeline...

New ITR (Income Tax Returns) Forms Notified by CBDT FOR AY 2021-22

CBDT (Central Board of Direct Taxes) has notified all the ITR Forms from 1 to 7 for the AY 2021 – 2022 vide notification no. 2/2021 in G.S.R.242(E) dated 31/03/2021. No major changes have been made this year as compared to the last year’s Forms, taking in account the crisis generated during the pandemic. This...