Business Economy

Deadline for filing ITR, tax audit extended

The Central Board of Direct Taxes has extended the deadline for the filing of income tax returns and audit reports to October 31, 2019. The previous deadline was September 30.

Tax accountants and small businesses across the country have been complaining that the tax forms are very onerous and that they would need more time to fill them. The tax authorities said they have extended the deadline keeping these concerns in mind.

“On consideration of representations recd from across the country, CBDT has decided to extend the due date for filing of ITRs & Tax Audit Reports from 30th Sep,2019 to 31st of Oct,2019 in respect of persons whose accounts are required to be audited,” the CBDT tweeted.

The official notification of this new deadline will follow soon.

The new October 31 deadline, as did the earlier one, applies to companies, partnerships, and proprietorships.


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