CBDT extended timeline for filing of various

Oct 01, 2022 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Compliance The Central Board of Direct Taxes (CBDT) on September 30, 2022, considered the difficulties faced by the taxpayers and other stakeholders in the electronic filing of various audit reports under the Income-tax Act,1961 (Act).

In the exercise of its powers under Section 119 of the Act, extends the due date of furnishing of the report of audit under any provision of the Act for the Previous Year 2021- 22, which was September 30, 2022, in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, to October 07, 2022.

[Notification No.19/2022]

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