CBDT has extended the due date of filing of tax audit report u/s 139(1) of Income Tax Act, 1961 in respect of AY 2024-25 from 30th September 2024 to 7th October 2024 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, 1961.
Due to difficulties faced by taxpayers and stakeholders in electronically filing audit reports, the CBDT has extended the deadline.
The due date for filing tax audit/ audit reports has been extended for following classes of taxpayers referred to in clause (a) of Explanation 2 to section 139(1) of the Income Tax Act:
(a) Corporate-assessee; or
(b) Non-corporate assessee subject to audit of books of account under any law; or
(c) Partner of a firm whose accounts are required to be audited under any law or the spouse of such partner if the provisions of section 5A applies to such spouse.
CBDT Income Tax Circular 10/2024 dated 29/09/2024: Extension of timelines for filing of various reports of audit for AY 2024-25
On consideration of difficulties faced by the taxpayers and other stakeholders in electronic filing of various reports of audit under the provisions of the Income-tax Act, 1961 (Act), the Central Board of Direct Taxes (CBDT), in exercise of its powers under Section 119 of the Act, extends the specified date of furnishing of report of audit under any provision of the Act for the Previous Year 2023-24, which was 30th September, 2024 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, to 7th October, 2024.
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