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Monday, October 28, 2013

CAIT hails decision to extend filing of tax audit report returns

CAIT hails decision to extend filing of tax audit report returns


DUE date for filing lax audit report and Income Tax return for assessment year 2013-14 was September 30. 2013.
This year Government had made it mandatory to file both tax audit report as well as Income Tax return electronically.
The ascetics were facing lot of problem in uploading the report and return. There was continuous changes in the software of Income Tax Department.
Confederation of All India Traders (CAIT) had demanded extension of due date for filing tax audit report as well as Income Tax returns. Government earlier extcnded due date for filing return electronically but asked to file audit report manually before September 30. 2013 if not filed electronically. This decision created further confusion.
CAIT continued the demand for extension of time for filing audit report electronically.
Team CAIT Nagpur in a press note said, that Government has agreed to the demand of most of the assessces and extended due date for filing tax audit report electronically, informs a press release issued here.

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