Due date of furnishing tax audit report

This query is : Resolved 

02 September 2014 AS per the Circular the due date of furnishing TA Report has been extended to 30.11.2014; so does it mean that date for completion and signing of report is also extended to the same date or audit has to be completed by 30.09.2014 and only uploading is allowed till 30.11.2014?????

02 September 2014 https://www.caclubindia.com/experts/extension-of-due-date-1847239.asp#.VAVUo_mSyT8

02 September 2014 You have to upload the report on or before 30.11.2014

But you need to upload the return on or before 30.09.2014 by mentioning date of uploading the tax audit report (it can be a future date)


02 September 2014 On 20.08.2014, CBDT issued an order under Section 119 of the Income Tax Act, 1961, by which it extended the due date for obtaining and furnishing tax audit report u/s 44AB from 30/09/2014 to 30/11/2014 for AY 2014-15. Date of filing Income Tax Return as of now remains 30.09.2014.

02 September 2014 I agree with all of u... nd ths is wat is confusing that widout completing tax audit one has to file ITR

03 September 2014 No you are wrong twinkal

You have to complete the tax audit at the time of filing the return. Only thing the date of uploading the tax audit return is extended

03 September 2014 The word used in the notification issued by CBDT is "due date for obtaining and furnishing tax audit report u/s 44AB".

The word obtaining means getting the Audit complete and getting signed report .

Furnishing means uploading of Tax Audit Report.
So due date for both has been extended.

03 September 2014 That million dollar question at the moment is that The income tax returns itself require the date of furnishing of audit report and date of signing of audit report which can only be filed after completion of Tax audit report. Lots of confusion. See the article from below link--
http://taxguru.in/income-tax/tax-audit-report-cbdt-extend-date-filing-itr.html
CBDT mat may soon come out with clarification in this regard and may also extend the due date of IT return. But in my view it is better that we get both Tax Audit and filing of return completed on or before 30.09.2014.




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