The I-T Department said in a tweet, “On consideration of representations record 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. Formal Notification will follow.” Audit deadline extended helps CA’s a lot.

The Central Board of Direct Taxes (CBDT) has announced that the last date for filing of Income tax returns (ITRs) and tax audit reports for audit cases has been extended to October 31 from September 30. 

audit report

Earlier, the Institute of Chartered Accountants of India (ICAI) had written to CBDT, urging it to extend the ITR deadline for audited entities to November 30. The CBDT is the authority responsible for framing policies for the I-T Department.

In a note addressing all its members, ICAI wrote: “We would like to inform members that based on the feedback about the various technical and practical difficulties being faced by taxpayers in filing of the new forms of returns of income for AY 2019-20, the difficulties being faced by the taxpayers in filing the ITR Forms as well as tax audit report under section 44AB by 30th September 2019 have been conveyed to the CBDT vide a representation dated 16th September 2019.”

They had mentioned that they are following up with CBDT officials regularly hoping to persuade them to extend the due date of ITR and TAR filing for audit deadline.

It said a formal notification for the same will be issued soon.

This category of ITR is to be filed by those entities that are assessed under section 44AB of the I-T Act such as companies, partnership firms, proprietorship among others and their accounts are to be audited before filing

Certain categories of individuals like a working partner in a firm also fall under this clause. The CBDT frames a policy for the I-T department.