09 September 2014
As I T R contain the question called " Whether assessee liable for Tax audit" while filing the ITR . When assessee liable to file the return under 44AB has to tick "Yes" and then There will be the following questions arises i.e.,
i) Auditor name ii) Membershi No. iii) Date of Audit report etc.,
When CBDT issued the circular mentioning extension of due date for filing the Audit report which is part of ITR whether it can be treated that filing of ITR deemed to be extended ?
09 September 2014
No. Income Tax return filing date remains same i.e., 30.09.2014. According to information received from some fellow professional the Income Tax Return can be filed without mentioning the Date of Audit report. The return is being accepted even without the date of Tax Audit report.
09 September 2014
It will not be treated as defective return since the CBDT has extended the date of obtaining and filing Tax Audit Report. So in this case Tax Audit Report can be filed after Income Tax Return.
10 September 2014
Know this. Thats the reason why there is so much of confusion. But the CBDT extended time of only Tax Audit Report not Income tax Return otherwise the same would have been clarified by now.
Earlier the return would not validate without the date of tax Audit report if the assessee liable to file return under 44AB was selected as yes. But now the same is validated in new ITR according to information received.
22 September 2014
there is an update from Gujarat High Court that CBDT be directed to extend the due date for return to 30 November subject to 234A interest. please refer http://www.taxmann.com/topstories/222330000000003810/gujarat-high-court-directs-cbdt-to-extend-due-date-for-filing-of-itr-to-30-11-2014-subject-to-sec-234a-interest.aspx
26 September 2014
As expected date of filing of Income Tax Return for Tax Audit cases extended till 30.11.2014. See CBDT notification from below link--
CAclubindia
