Extension of due date

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Shaik Shair Ali (Querist)
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29 August 2014 Dear Sir,

The extended due date only for furnishing of Audit Reports or filing of income tax return. What is due date for filing of Income Tax returns for 44AB Cases.

Thanks in Advance Sir

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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29 August 2014 On 20.08.2014, CBDT issued an order under Section 119 of the Income Tax Act, 1961, by which it extended the due date for obtaining and furnishing tax audit report u/s 44AB from 30/09/2014 to 30/11/2014 for AY 2014-15. Date of filing Income Tax Return as of now remains 30.09.2014.

CA Syed Raza Abbas Rizvi

CA Syed Raza Abbas Rizvi (Expert)
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29 August 2014 CBDT has extended the date of furnishing the tax audit report to 30/11/2014. but this order is silent about the date of filing of Income tax returns.

There may be difference of opinion. ICAI should decide the legality and validity of the order

The section 44AB has linked the date of filing of audit report with the “due date” of filing of ITR u/s 139(1) hence the due date of obtaining and furnishing the audit report u/s 44AB is dependent and linked with the “due date” mentioned in section 139(1) but the vice versa is not true.

The date has been extended under section 44AB and since no date extension has been provided under section 139(1) hence still the date of submission of the ITR is 30/09/2014 and it is a very confusing situation. how one can file the ITR without completion of the Tax audit.

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 from below link--

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

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