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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Tax Audit Report Deadline for Working Partners Set for October 31, 1993, Under Income-tax Act, 1961.</h1> The Central Board of Direct Taxes has set the due date for submitting tax audit reports by working partners of firms for the assessment year 1993-94 as October 31, 1993. This applies to working partners who are entitled to remuneration from firms required to audit their accounts for the previous year ending March 31, 1993, as per the Income-tax Act, 1961. The remuneration must be based on a proportion of the book profits as defined in the relevant sections of the Act.