Due Date for submission of Tax Audit Reports extended

The Central Board of Direct Taxes (CBDT) vide its order under section 119 dtd 20th August 2014 has extended the due date for filing Tax Audit Report under section 44AB of the Income-tax Act, 1961 .

As per this Order,

The due date for obtaining and furnishing of the report of audit under section 44AB of the Act for Assessment Year 2014-15 in case of assessees who are not required to furnish report under section 92E of the Act has been extended from 30th day of September, 2014 to 30th November, 2014.

It has further clarified that the tax audit report under section 44AB of the Act filed during the period from 1st April, 2014 to 24th July, 2014 in the pre-revised Forms shall be treated as valid tax audit report furnished under section 44AB of the Act.

However the Order is silent about due date for filing the return of Income. The Clarification for the same is awaited.


Source :- www.incometaxindia.gov.in

The relevant order is reproduced below

[gview file=”http://bssridhar.com/blog/wp-content/uploads/2014/08/Order-Under-Section-119-20-08-2014b.pdf”]