CBDT extends Tax audit due date to 15th October 2018

CBDT extends due date for filing of Income Tax Returns & audit reports from 30th Sept, 2018 to 15th Oct, 2018 for all assessees liable to file ITRs for AY 2018-19 by 30.09.2018, after considering representations  from stakeholders. Liability to pay interest u/s. 234A of IT Act will remain.

CBDT extends Tax audit due date to 15th October 2018

F.No. 225/358/2018/ITA.II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

North-BIock, ITA,II Division
New Delhi, the 24th of September, 2018

Order under Section 119 of the Income-tax Ac 1961

On due consideration of representations from various stakeholders for extending the due date, being 30th September, 2018, for filing of income-tax returns and various reports of audit pertaining to assessment-year 2018-19 for assessees’ covered under clause (a) of Explanation 2 to section 139(1) of the Income-tax Act. 1961 (Act) read with relevant provisions of the Act & Income-tax Rules, the CBOT, hereby extends the due date for filing of income-tax returns as well as all reports of audit (which were required to be filed by the said specified date), from 30th September, 2018 to 15th October. 2018. However, there shall be no extension of the cue date for purpose of Explanation 1 to section 234A (Interest for defaults in furnishing return) of the Act and the assessee shall remain liable for payment of interest as per provisions of section 214A of the Act.

(Rajarajeswari R.)

Under Secretary to the Government of India


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