DUE DATE FOR FILING RETURN FOR COMPANY ASSESSEE FOR ASSESSMENT YEAR 2013-14

[KURIACHAN PAULOSE]

AS PER CIRCULAR NO. F.N o. 225111 7l 2013llTA 'll DATED 24TH OCTOBER, 2013 DUE DATE WAS EXTENDED FROM 30TH SEPTEMBER 2013 TO OCTOBER 2013. WHETHER THIS IS APPLICABLE ONLY FOR TAX AUDIT CASES OR A COMPANY CAN CLAIM EXTENSION OF DUE DATE EVEN IF THE ACCOUNTS ARE NOT REQUIRED TO BE AUDITED UNDER SECTION 44AB

[Ganeshan Kalyani]

Sir the assesses having Transfer Pricing are required to file their return up to 30th November.

AI Summary

Due date for company tax return extended; transfer pricing cases must file by the extended deadline. A fiscal circular extended the statutory due date for filing company income tax returns beyond the usual end September deadline. The query sought whether the extension was limited to cases requiring a tax audit or available to companies not subject to audit. The advisory reply recorded that assessees with transfer pricing obligations are allowed to file by a later prescribed deadline, implying a separate extension for transfer pricing cases.