Dear members,
I have a doubt, whether the word “any other law for the time being in force” used under explanation 2 of section 139(1) of the Income Tax Act, 1961 would include the state level VAT laws also. That is to say, if my accounts are required to be audited under the VAT Act, what will be my due date for filing return of income under the Income Tax Act? Whether it will be 30th September or 31st July?
Please note that the assessee’s business entity is not a company and Tax audit under the Income Tax Act is not applicable to the assessee.
CAclubindia
