All taxpayers need to file their income tax returns within the due date of filing income tax returns. If not so, they will have to pay interest under Section 234A and penalty under Section 234F.
The due date varies on the basis of taxpayer’s category. For instance, salaried individuals are usually required to file their income tax returns by the 31st of July whereas corporates required to conduct audit can file their returns by 31st October of the assessment year (unless extended by the government).
The return filing due date for FY 2021-22 would be as mentioned below:-
Income tax filing due dates for FY 2021-22 (AY 2022-23)
| Category of Taxpayer | Due Date for Tax Filing- FY 2021-22
(unless extended) |
| Individual / HUF/ AOP/ BOI
(books of accounts not required to be audited) |
31st July 2022 |
| Businesses (Requiring Audit) | 31st October 2022 |
| Businesses (Requiring TP Report) | 30th November 2022 |
Important due dates of income tax return filing for FY 2021-22
For the purpose of creating awareness of all taxpayers, here we are providing a comprehensive list of category of taxes and their due dates:
- 15th June 2022- Due date for the first instalment of advance tax for the FY 2022-23
- 15th July 2022-Income tax return filing for FY 2021-22 for individuals and entities not liable for tax audit and who have not entered into any international or specified domestic transaction
- 15th September 2022-Due date for the second instalment of advance tax for the FY 2022-23
- 30th September 2022- Submission of audit report (Section 44AB) for AY 2022-23 for taxpayers liable for audit under the Income Tax Act.
- 31st October 2022- ITR filing for taxpayers requiring audit (not having international or specified domestic transactions).
- 31st October 2022- Submission of audit report for AY 2022-23 for taxpayers having transfer pricing and specified domestic transactions
- 30th November 2022- ITR filing for taxpayers requiring audit (not having international or specified domestic transactions).
- 15th December 2022- Due date for the third instalment of advance tax for the FY 2022-23
- 31st December 2022- Last date for filing a belated return or revised return for FY 2021-22.
- 15th March 2023-
- The fourth instalment of advance tax due for the FY 2022-23
- The due date for the whole amount of advance tax for FY 2020-21 for taxpayers covered under the presumptive scheme of Section 44AD and 44ADA
If Return Is Not Filed Within Due Date:-
If Return is not filed within due date, taxpayer can file a return later after the due date, called a belated return. The income tax department also specifies the due date of filing the belated return. This date is now reduced by three months to 31st December of the assessment year (unless extended by the government).
However, a penalty of Rs 5,000 will be charged for the delay in filing of return. But if the total income of the person is less than Rs 5,00,000 then the fee payable is up to Rs 1,000.
If You Find Any Difficulty In Filing? Our Filingpool Team Will Help You
We are here for resolving our taxpayer’s difficulties in paying tax and assessing the tax amount. Filingpool always try to get out taxpayer’s difficulties and outline and follow the proper guideline with regard to paying tax.