Due date for filing return of income under the it act, 1961

If the assesee is not under Tax Audit then the due date for filing Income Tax Return is 31st July, this is because there is no relation between cinome tax & VAT laws in this case..

Nice Question..

As asked by manu, The Explanation 2 of 139 uses the "a person (Otherthan Company), whose accounts are audited under this act or any law for the timebeing in force".

Say Companies act specifies mandatory audit, However Companies are already are covered under Explanation 2 clause (i).

However Vat Audit cannot be counted here,, Because the Explanation 2 Uses the words "Whose accounts are audited",, That is complete books of accounts.

Whereas Vat Officials only concened about their VAT Purhcases, VAT Sales & Vat Input,, & Retruns Only..

They dont audit all ,,,say,, They dont mind about The Value of Fixed Assets that i show in Books, Provisions, Government Grants, Bank Balances & SME Outstandings, Non Complainces of PF,ESI &Other social welfare schemes  & .. So Many.

Hence VAT Audit can't be counted here.

Refer section 139(1) on Link:https://www.exploreincometax.com/Indian-Income-tax-Act-1961/Section-139-1

Thank you Sarath ji.. nice explanation, does not aware that much deep as explained by you...

Dear Sarath, can you pinpoint some of the other laws which will come under explanation 2 of Sec 139(1) of the IT Act where the assessee's entire books of accounts are audited. 

Friends,

Any thoughts on this interesting matter please.

Regards,

Friends,

Any thoughts please.

Regards,