Extension of date (3cb 3cd)

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NAVA YUG (Querist)
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03 September 2014 SIR/MADAM

EVERY ONE KNOW THAT THE DATE OF AUDIT REPORT FOR THE ASSESSMENT YEAR EXTENDED TO 30-11-2014. IT RETURN FILING DATE i.e SEP-30 NOT EXTENDED IN THE NOTIFICATION OR THE NOTIFICATION IS SILENCE ABOUT THE IT RETURN FILING DATE. ONE IMPORTANT THING IS THAT DATE OF UPLOADING OF AUDIT REPORT IS REQUIRED TO MENTION IN THE ITR. THEN
? IF ONE NEED TO FILE THE 3CB 3CD AFTER 30-SEP, THEN WHICH DATE HE CAN ENTER ON THE CORRESPONDING COLUMN.

? IS IT IMPLIED THAT DATE OF EXTENSION OF AUDIT REPORT ALSO MEANS THE DATE OF EXTENSION OF IT RETURN FILING.

PLEASE HELP ME TO SOLVE THE CONFUSION.
URGENTLY
THANKS IN ADVANCE

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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03 September 2014 This is the million dollar question at the moment. Income tax returns itself require the date of furnishing of audit report and date of signing of audit report which can only be filed after completion of Tax audit report. So what date to give?

Lots of confusion. See the article from below link--
http://taxguru.in/income-tax/tax-audit-report-cbdt-extend-date-filing-itr.html

CBDT may soon come out with clarification in this regard and may also extend the due date of IT return. But in my view it is better that we get both Tax Audit and filing of return completed on or before 30.09.2014 without waiting for CBDT Notification.

NAVA YUG

NAVA YUG (Querist)
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03 September 2014 THANK YOU SIR

WE ARE IN SUCH PATH, THAT IS 30-09-2014 IS LAST DATE.

ALSO WAITING FOR THE UNBIASED CLARIFICATION FROM CBDT.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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03 September 2014 That is much better. There is no use of such extension of due date of Tax Audit Report which has led to such confusion. It would have been better had CBDT issued the revised format and its Tax Audit Utility a little earlier rather than giving such meaningless extension.

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NAVA YUG

NAVA YUG (Querist)
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03 September 2014 YES SIR

I SUPPORT THAT OPINION. IF IT IS DECIDED EARLIER, THERE WERE NO CONFUSIONS AT ALL.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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26 September 2014 As expected date of filing of Income Tax Return for Tax Audit cases extended till 30.11.2014. See CBDT notification dated 26.09.2014 from below link--

http://www.incometaxindia.gov.in/communications/circular/order-under-section-119-for-return-26-09-2014.pdf

NAVA YUG

NAVA YUG (Querist)
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26 September 2014 YES SIR

FINALLY ITS CLEARED

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