Time-limit extension for furnishing tax audit statements extends the prescribed filing period under income tax rules for taxpayers. The amendment substitutes the shorter prescribed period with a longer one in sub rule (4A) of rule 31A of the Income tax Rules, 1962, thereby modifying the deadline for furnishing the specified statement; the change is enacted by the Income tax (13th Amendment) Rules, 2016 and brought into force by the notifying authority from the stated commencement date.