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of <h1>CBDT Extends Deadline for Trusts and Institutions to Submit Audit Reports to November 10, 2024, u/s 119.</h1> The Central Board of Direct Taxes (CBDT) has issued an order under section 119 of the Income-tax Act, 1961, extending the deadline for certain trusts, institutions, and funds to submit their audit reports. Originally, these entities were required to file the audit report in the correct form (Form No. 10B or 10BB) by March 31, 2024, as per Circular No. 02/2024. Due to some entities' inability to meet this deadline, the CBDT has extended the submission deadline to November 10, 2024, to alleviate any genuine hardship. This decision has been approved by the competent authority.
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