The Central Board of Direct taxes extended the due date for submitting tax audit reports for the fiscal year 2021-22 on Friday to October 7.
Earlier on September 18, All India Federation of Tax Practitioners had written a letter to the finance minister Nirmala Sitharaman requesting to extend the due date to file a report of audit, citing various difficulties.
“On consideration of difficulties faced by the taxpayers and other stakeholders in the filing of various reports of audit for the Assessment Year 2022-23, Central Board of Direct Taxes (CBDT) has decided to extend the due date for filing of various reports of audit for the Assessment Year 2022-23, which was 30th September 2022 to 07th October 2022,” an official statement said.
According to the income tax act, taxpayers who need to have a chartered accountant audit their accounts must submit the tax audit report to the I-T department by September 30.
Source: Latest News by www.dnaindia.com.
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