CBDT Extends ITR Filing Deadline for Audit Cases Till October 31
This category of ITR is to be filed by those entities that are assessed under section 44AB of the I-T Act such as companies, partnership firms, proprietorship among others.
A person files his Income Tax Returns. (File picture)
New Delhi: The CBDT on Thursday extended the September 30 deadline by a month for filing of income tax returns (ITRs) for special cases requiring audit reports. The new deadline is October 31.
"On consideration of representations recd (received) from across the country, CBDT has decided to extend the due date for filing of ITRs & Tax Audit Reports from 30th Sep, 2019 to 31st of Oct, 2019 in respect of persons whose accounts are required to be audited," the CBDT said in a late night statement.
It said a formal notification for the same will be issued soon.
This category of ITR is to be filed by those entities that are assessed under section 44AB of the I-T Act such as companies, partnership firms, proprietorship among others and their accounts are to be audited before filing.
Certain categories of individuals like a working partner in a firm also fall under this clause.
The Central Board of Direct Taxes frames policy for the income tax department.
Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.
Recommended For You
- Kareena Kapoor Awestruck by Kalki Koechlin's Six-month Pregnancy
- FASTag Will Soon be Mandatory For Your Car: This is How The Digital Payment Tag Works
- Bajaj Chetak Electric Scooter Unveiled: Here's All You Need to Know
- Xiaomi Mi Air Purifier 2C at Rs 6499 Lands Ahead of Peak Pollution Season
- Mercedes-Benz G 350 d Launched at Rs 1.5 Crore in India