Friday, September 27, 2019

CBDT issues order to extend due date for filing of return and audit report; denies waiver of Sec. 23

The CBDT issues order under Section 119 to extend the due date in case of all categories of taxpayers, who are required to file Income-tax return and audit report, from 30-09-2019 to 31-10-2019. However, the due date has not been extended for calculation of interest under Section 234A. Thus, interest shall be payable by the assessee for the period of delay.

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