Due date for furnishing of Return of income for assessees who are required to obtain and furnish tax audit report u/s 44AB of the Act has been extended to 30th November, 2014 - the same extended date as extended for furnishing tax audit report.

Due date for return filing extended for taxpayers requiring tax audit, aligning deadline with tax audit filing; interest unaffected.

The Board, exercising powers under section 119, extended the due-date for furnishing return of income for assessment year 2014-15 to align with the extended tax audit filing deadline for assessees required to obtain and furnish a tax audit under section 44AB (including working partners). Tax audit reports filed in pre-revised forms between 01.04.2014 and 24.07.2014 are valid. The extension does not affect liability for interest under Explanation 1 to section 234A, and assessees not subject to tax audit retain the original return due date.