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U/S 44AB INCOME TAX AUDIT

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B GKAMATAR

TAX CONSULTANT

152 Points Posted on 22 August 2022

WHAT IS THE DUE DATE U/S 44AB INCOME TAX AUDIT REPORT SUBMISSION

Replies (3)

Quick Summary

For individuals liable under Section 44AB of the Income Tax Act, the deadline for obtaining a tax audit report is 30th September of the relevant assessment year. This means the audit report for the financial year 2022-23, pertaining to assessment year 2023-24, must be secured by 30th September 2023.

Sai Allu

754 Points Posted on 22 August 2022

A person covered by section 44AB should get his accounts audited and should obtain the audit report on or before 30th September of the relevant assessment year, e.g., Tax audit report for the financial year 2022-23 corresponding to the assessment year 2023-24 should be obtained on or before 30th September, 2023.