September 24, 2018 7:51 PM

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Govt extends ITR, audit report deadline till October 15

The government has extended the due date of filing the Income Tax Returns and Audit Reports for Assessment Year 2018-19 to 15th of next month for certain categories of taxpayers.<br />''<br />''<br />''In a statement, the Finance Ministry said, it had received representations from stakeholders seeking an extension of the last date for filing of returns by taxpayers whose accounts have to be audited. Earlier the last date was 30th of this month.<br />''<br />''<br />''It said, however, there will be no extension of the due date for the purpose of section 234A of the I-T Act,  pertaining to interest for defaults in furnishing return. It added that the assessee will remain liable for payment of interest as per provisions of section 234A of the Act. <br />''<br />

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