19 September 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. But CBDT did not extend the date of filing of Income Tax return. Since ITR can not be filed without Tax Audit a PIL has been filed in Delhi High Court against the order of CBDT for extension of due date of ITR. Decision awaited.
As of now due date of IT Return remains 30.09.2014. Due date of return in J & K extended till 30th Nov 2014 due devastation in natural calamity.
19 September 2014
Delhi High Court once again Adjourned the Tax Audit Deferment case to Monday in the case of Mahesh Kumar And Company Vs. Union Of India & Anr. – W.P.(C) 5990/2014 (Delhi High Court)
CBDT Lawyer told the CBDT the Govt will suffer a loss of Rs.15K Crore if Date extended to 30th Novt. Govt had Budgeted plan for its revenue and Fund Flow had Create problem for the Govt Revenue and its Budgeted Loss.
Court also asked the CBDT Lawyer why don't CBDT defer the New TAR form to Next Year, Starting from 1st April & why from this Year.
Court also Directs CBDT to file affidavit regarding non leviability of Penalty U/s. 271(1)(c) in case assessee revises returns filed on or before 30.09.2014.
Similar hearing are going on today in the Gujrat High Court for Tax Audit Report Deferment. in the case of Rajni Mangaldas Shah V/S Central Board Of Direct Taxes (Gujrat High Court), SCA/12571/2014.
22 September 2014
there is an update from Gujarat High Court that CBDT be directed to extend the due date for return to 30 November subject to 234A interest. please refer https://www.taxmann.com/topstories/222330000000003810/gujarat-high-court-directs-cbdt-to-extend-due-date-for-filing-of-itr-to-30-11-2014-subject-to-sec-234a-interest.aspx
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--