CBDT extends Tax Audit Due Date
CBDT further
extends due date for filing of Income Tax Returns & Tax audit reports from
15th Oct,2018 to 31st Oct, 2018 for all assessees liable to file ITRs for AY2018-19 by 30.09.2018, after considering representations from stakeholders.
Liability to pay interest u/s 234A of IT Act will remain.
On consideration of
representations from various stakeholders for further extension of due date
being 30th September, 2018 for purpose of filing return of income as
well as various reports of audit pertaining to Assessment Year 2018-2019 for
assessees covered under clause (a) of Explanation 2 of section 139(1) of the Income-tax Act, 1961 (Act), the
Board, in partial modification of its order dated 24.09.2018 in file of even
number, hereby, further extends the due date for filing of return of income and
reports of audit pertaining to Assessment Year 2018-2019 from 15th October, 2018 to 31st October, 2018. However, as specified in earlier order dated 24.09.2018,
assessees filing their return of income within the extended due date shall be
liable for levy of interest as per provisions of section 234A of the Act.
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