CBDT extends Due Date for filing Income Tax Return for Businesses [Read Circular]

CBDT - Income Tax Return - Tax Audit - Taxscan

The Central Board of Direct Taxes (CBDT) has again extended the due date for filing of the income tax audit report for Assessment Year 2022-23 from 31st September 2022 to 7th November 2022 for businesses.

“In consequence to extension of due date for various reports of audit in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act to Or October 2022 by Circular No.19/2022 dated 30.09.2022, Central Board of Direct Taxes (CBDT), in exercise of its powers under Section 119 of the Income-tax Act,1961 (Act), extends the due date of furnishing of Return of Income under sub-section (1) of section 139 of the Act for the Assessment Year 2022-23, which is 31st October 2022 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, to 07th November 2022,” the Board said.

The due date of furnishing of Return of Income for the Assessment Year 2022-23, which was 30th September 2022 under sub-section (1) of section 139 of the Act, as extended to 31st October 2022 by CBDT Circular No. 19/2022 F.No.225/49/2022/ITA-II dated 30.09.2022 issued. The deadline is again extended till 7th November.

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