https://www.taxtmi.com/article/detailed?id=186 Filing of the Tax Audit Report is a statutory obligation that must be furnished by the prescribed date; conflicting commentary and "annexure-less" return circulars have caused confusion but do not clearly excuse filing. If the report was not furnished by the due date, immediate submission with a condonation petition explaining reasonable cause-relying on disclosure already made in the e-return, reliance on circulars or technical filing difficulties-is recommended to seek non-initiation or waiver of penalty. A model letter is provided to present these facts to the assessing officer. en-us Mon, 06 Oct 2008 00:00:00 +0530 Mon, 06 Oct 2008 11:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=186 Filing of the Tax Audit Report is a statutory obligation that must be furnished by the prescribed date; conflicting commentary and "annexure-less" return circulars have caused confusion but do not clearly excuse filing. If the report was not furnished by the due date, immediate submission with a condonation petition explaining reasonable cause-relying on disclosure already made in the e-return, reliance on circulars or technical filing difficulties-is recommended to seek non-initiation or waiver of penalty. A model letter is provided to present these facts to the assessing officer. Articles Income Tax Mon, 06 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=186