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Imp: due date u/s 139 (1) for 44ad assesses

Sonia (Auditor) (112 Points)

08 March 2013

What is due date of filing ROI for an assessee (case of SOLE PROPRIETORSHIP) who does not get his accounts audited u/s 44AB and instead files return based on section 44AD (8% of Gross Turnover)???

Is he required to file ITR by 31st july or by 30th Sep being a business assessee??

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7 Replies

Ankit (CA, CS) (3064 Points)
Replied 08 March 2013

Dear Sonia,

Sept 30 is the due date only for those assessees who are covered under tax audit. for all the others, the due date is 31 jul

since your assessee is under presumptive taxation, and not liable for tax audit, the due date will be 31 jul

- Ankit

1 Like

Suraj Agarwal (Self Practitioner in Income Tax & GST) (782 Points)
Replied 08 March 2013

LAST DUE DATE WILL BE 31 JULY.

1 Like

CA Adesh Gupta (Finance Manager) (160 Points)
Replied 08 March 2013

For 44AD assessee due date will be 31st July of Asst Year. But if he wants to show his income less than 8% of Sales then he needs to get his accounts audited and hence in that case due date will be Sep 30

1 Like

CA Anushree jain (CA) (1531 Points)
Replied 08 March 2013

31ST JULY

1 Like

raghavender upadhyay (B.Com, LLB, CA FINAL) (331 Points)
Replied 09 March 2013

the due date to file ROI is 31st july and ITR Form 4S should be used.

1 Like

PRANAV MISHRA (CA Final student) (573 Points)
Replied 09 March 2013

Due date for furnishing of ROI by an assessee covered by sec 44AD shall be 31st July of the relevant assessment year.

1 Like

venkat (Sr.Accountant) (27 Points)
Replied 29 September 2013

I HAVE RECEIVED U/s. 139(9) NOTICE FOR THE Asst.Yr::2011-12 ; BUT REVISED RETURN IN NOT AVAILABLE FOR FILLING SPECIFICATION COLOUMN 0F 139(9). HOW TO FILE MY REVISED RETURN?