CBDT extends Due Date for Filing Income Tex Returns and Audit Report

Sep 24, 2018 | by Avantis RegTech Legal Research Team


On due consideration of representations received from various stakeholders for extending the due date, being September 30, 2018, for filing of income-tax returns and various reports of audit pertaining to assessment-year 2018-19 for assessees covered under clause (a) of Explanation 2 to Section 139(1) of the Income-tax Act, 1961 read with Income-tax Rules, the Central Board of Direct Taxes (CBDT), has extended the due date for filing of income-tax returns as well as all reports of audit (which were required to be filed by the said specified date), from September 30, 2018 to October 15, 2018.

However, there shall be no extension of the due date for purpose of Explanation 1 to Section 234A (Interest for defaults in furnishing return) of the Income-tax Act, 1961 and the assessee shall remain liable for payment of interest as per provisions of Section 234A of the Act.

[F. No. 225/358/2018/ITA.II]

URL: https://www.incometaxindia.gov.in/Lists/Latest%20News/Attachments/274/Order-MiscComm-24-9-2018.pdf


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