Union minister of finance due to hardships to the income tax payers due to delay in providing e filing platform. Both income tax act and gst act are to be taken into consideration while preparing the tax audit report.
Cbdt Extends Due Date For Filing Of Tax Audit Reports
cbdt latest news for extension of tax audit
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This is the second extension within a fortnight by the cbdt earlier extending the deadline for tax payers from september 30 to october 15.
Cbdt latest news for extension of tax audit. Cbdt get latest news on cbdt. Small start ups with turnover upto rs 25 crore will continue to get tax holiday clarifies cbdt. The cbdt on thursday extended the september 30 deadline by a month for filing of income tax returns itrs for special cases requiring audit reports.
The income tax department never asks for your pin numbers passwords or similar access information for credit cards banks or other financial accounts through e mail. Your open letter will certainly act as an eye opener. Hence the date for filing of the tax audit report may be extended further upto 31st october 2018 as a special case for this assessment year 2018 2019.
The central board of direct taxes cbdt stated that the money trail led them to the house of a senior functionary of a political party living at tughlaq road. Tax audit itr filing due date extension for fy 2018 19 ay 2019 20. Taxpayers with turnover exceeding rs 1 crore in business not opted for presumptive taxation scheme or whose gross professional income is over rs 50 lakh need to get a tax audit done.
Even last year on consideration of representations from various stakeholders and to facilitate ease of compliance by the taxpayers cbdt had extended the due date for filing income tax returns with audit reports as prescribed under the income tax act1961 from 31st october 2017 to 7th november 2017 for ay 2017 18. To the chairman central board of direct taxes new delhi. The government on monday extended by a fortnight till october 31 the deadline for filing income tax return itr and audit report for the financial year 2017 18this is the second extension within a fortnight of the central board of direct taxes cbdt earlier extending the deadline for taxpayers whose accounts have to be audited from september 30 to october 15.
Government on monday extended by a fortnight till october 15 the deadline for filing itr and audit report for financial year 2017 18. The income tax department appeals to taxpayers not to respond to such e mails and not to share information relating to their credit card bank and other financial accounts. All gujarat federation of tax consultants agftc income tax bar association itba have requested for tax audit itr filing due date extension for fy 2018 19 ay 2019 20 to smt nirmala sitharaman hon.
Respected sir in the year 2018 you have already extended the date for filing income tax returns by those assessees whose accounts are not required to be audited for a month without levy of any interest and also extended the submission of tax audit reports by 15 days ie up to 15th october 2018.
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