For Quick Alerts
For Daily Alerts

CBDT Extends Deadline For ITR Filing For Those Required To Be Audited By A Month


The Central Board of Direct Taxes (CBDT) has extended the deadline to file an income tax return and tax audit reports by a month. The extension has come in after the relentless demands from tax consultants as well as Chartered Accountants. So, the new deadline for those required to be audited has been made on October 31, 2019, from the earlier September 30, 2019.

CBDT Extends Deadline For ITR Filing By A Month

The extension will also provide a breather to small entities who were struggling with the issues faced during GST filings.

CBDT in a tweet last night said, "On consideration of representations recd 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. Formal notification will follow".

CAs believe that the extension was needed as the department now and then was making changes to the software required to file the return. Also, there has been a change effected in the case of ITR 6 software.

Notably, with the leeway provided for filing of tax return, there shall be no loss of revenue to the exchequer as it is an only an administrative exercise to inform the dept. of the tax payable liability of the concerned.

Read more about: itr audit tax compliance gst
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more