04 August 2011
CIRCULAR NO. 57/2011, DATED 28-7-2011,All companies falling in Phase-I class of companies (excluding exempted class) are permitted to file their financial statements without any additional fee up to 30-11-2011 or within 60 days of their due date, whichever is later." Can anyone clarify whether the above circular tells that whether the tax audit date also has been extended or not?
05 August 2011
That is a general circular issued by Ministry of Corporate Affairs for filing returns as per Companies Act,1956 through MCA Portal. Unless consequential notifications issued by CBDT, that circular has no relevance as far as section 44AB is concerned meaning thereby no extension as per IT Act,1961 can be enjoyed right now.