New Delhi, September 26: The CBDT on Thursday extended the September 30 deadline by a month for filing of income tax returns (ITRs) for special cases requiring audit reports. The new deadline is October 31. "On consideration of representations recd (received) 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 said in a late night statement. Income Tax Dept Extends Due Date for Filing ITRs, Tax Audit Reports from September 30 to October 31 for AY 2019-20.
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. Income Tax Department to Send Notices to 4 Lakh Taxpayers for Scrutiny Under New e-Assessment System 'CASS'.
Certain categories of individuals like a working partner in a firm also fall under this clause. The Central Board of Direct Taxes frames policy for the income tax department.