Due date for Partners of firm liable for filing under 92E

The due date for filing an Income Tax Return (ITR) for a partner of a firm that is liable for a transfer pricing audit under Section 92E is 30th November of the relevant assessment year.

Key Details:

• Audit Requirement: If a firm is required to furnish a report under Section 92E (involving international transactions or specified domestic transactions), the firm's own ITR filing deadline is extended.

• Impact on Partners: Per the Income Tax Act, when a partner’s firm is subject to an audit (including a transfer pricing audit under Section 92E), the due date for the partner's personal ITR is aligned with the due date of the firm. Since firms subject to transfer pricing provisions (Section 92E) generally have until 30th November to file their returns, the partners in such firms also get the same deadline.

• Form 3CEB: The firm must also furnish the accountant's report in Form 3CEB, which is typically due one month before the return filing deadline.

Summary: The ITR filing due date for a partner of a firm liable for a transfer pricing audit under Section 92E is 30th November.