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    IndiaIncome Tax: Audit report deadline extended to Oct 7 for AY 2024-25

    Income Tax: Audit report deadline extended to Oct 7 for AY 2024-25

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    New Delhi, Sep 30: The income tax department has extended the date for filing audit report for 2023-24 by 7 days till October 7.
    In a circular, the I-T department said considering the difficulties faced by taxpayers in electronic filing of various audit reports under the Income Tax Act, the deadline is being extended from September 30 to October 7.
    Moore Singhi Executive Director Rajat Mohan said technological issues in electronic filing of tax audit reports have pushed the government to extend timelines by 7 more days.
    “Load of filings is quite high on the portal in the last few days, throwing the entire ecosystem in a frenzy. Government should either upgrade the system to handle such rush or stagger the timelines for tax filings,” Mohan said .

    Northlines
    Northlines
    The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

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