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Centre extends Deadline for Filing Tax Audit Report Till October 7

New Delhi: The Central Board of Direct Taxes (CBDT) on Friday extended the due date for filing various reports of audit for the Assessment Year 2022-23 under the Income-tax Act,1961, to 7th October.Also Read – Singapore, UAE To Accept India's Homegrown RuPay Payment Mechanism: Fin Min

“On consideration of difficulties faced by the taxpayers and other stakeholders in the filing of various reports of audit for the Assessment Year 2022-23, Central Board of Direct Taxes (CBDT) has decided to extend the due date for filing of various reports of audit for the Assessment Year 2022-23, which was 30th September 2022 to 07th October 2022,” an official statement said. Also Read – Are Diwali Bonuses, Monetary Gifts From Company Subject To Income Tax? Explained

Under the income tax act, those taxpayers who need to get their accounts audited by a chartered accountant are required to file the tax audit report with the I-T department by September 30. Also Read – Rupee Has Held Back Very Well Against Dollar; RBI & Finance Ministry Watching Developments: Nirmala Sitharaman

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