ESI Payments due dates for the financial year 2021-22 for reporting in Tax Audit Reports
|
Months |
Due dates |
Extended Dates |
Order No/ Dated |
|
Apr 21 |
15.5.2021 |
15.6.2021 |
P-11/12/Misc/1/2019(M)-Rev II dtd 12.05.2021 |
|
May 21 |
15.6.2021 |
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|
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June 21 |
15.7.2021 |
|
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July 21 |
15.8.2021 |
|
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Aug 21 |
15.9.2021 |
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Sep 21 |
15.10.2021 |
|
|
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Oct 21 |
15.11.2021 |
30.11.2021 |
P-11/12/Misc/1/2019(M)-Rev II dtd 16.11.2021 |
|
Nov 21 |
15.12.2021 |
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|
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Dec 21 |
15.01.2022 |
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Jan 22 |
15.02.2022 |
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Feb 22 |
15.03.2022 |
|
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Mar 22 |
15.04.2022 |
30.4.2022 |
P-11/12/Misc/1/2019(M)-Rev II dtd 13.04.2022 |
EPF Payments due dates for the financial year 2021-22 for reporting in Tax Audit Reports
During the FY 2021-22, EPFO had not extended any date for monthly EPF payment.
Amendment of section 36.
Clause 8 of the Bill seeks to amend section 36 of the Income-tax Act, relating to other deductions.
8. In section 36 of the Income-tax Act, in sub-section (1), in clause (va), the Explanation shall be numbered as Explanation 1 thereof and after Explanation 1 as so numbered, the following Explanation shall be inserted, namely:–– ‘
Explanation 2.––For the removal of doubts, it is hereby clarified that the provisions of section 43B shall not apply and shall be deemed never to have been applied for the purposes of determining the “due date” under this clause;’.
Explanation to the said clause provides that for the purposes of this clause, "due date" means the date by which the assessee is required as an employer to credit an employee's contribution to the employee's account in the relevant fund under any Act, rule, order or notification issued thereunder or under any standing order, award, contract of service or otherwise
This amendment will take effect from 1st April, 2021 and will, accordingly, apply in relation to the assessment year 2021-2022 and subsequent assessment years.
Author - CA Jatin Minocha
Comment: