Extension of due date for filing returns of income and tax audit reports

On consideration of the requests received from members at large seeking extension of due date of filing return of income as well as the tax audit report under section 139 of the Income-tax Act, 1961 falling due on 30th September, 2015, the following representations have been made by the Direct Taxes Committee of ICAI:

• ICAI/DTC/2015-16/Rep – 20 dated 10th July, 2015
• ICAI/DTC/2015-16/Rep – 22 dated 20th Aug, 2015
• ICAI/DTC/2015-16/Rep – 23 dated 7th Sep, 2015
• ICAI/DTC/2015-16/Rep – 24 dated 14th Sep, 2015

A power point presentation by the Direct Taxes Committee of ICAI was presented & a fervent appeal was made out in support of the case for extension of due date of return as well as tax audit report from 30th September, 2015 to 31st October, 2015.

Hon™ble Finance Minister has assured to look into the matter. However, in the absence of any concrete decisions so far, the esteemed members of the profession are advised to put in their best efforts to comply with the prescribed due date i.e. 30th September, 2015.