E-Return of income and E-tax audit report (with original due date as 30.09.13 ) Could be filed electronically by 31.10.13 so as to be deemed as filed within due date u/s 139(1)- board will do well to clarify that the order amount to extension of due date for all purposes including S. 40 and 43B to avoid disputes.

E-Return of income and E-tax audit report (with original due date as 30.09.13 ) Could be filed electronically by 31.10.13 so as to be deemed as filed within due date u/s 139(1)- board will do well to clarify that the order amount to extension of due date for all purposes including S. 40 and 43B to avoid disputes. https://www.taxtmi.com/article/detailed?id=5347 CBDT directed that where the statutory due date for furnishing tax audit reports and corresponding income tax returns fell at the end of September, those electronically filed by the end of the following month shall be deemed filed within the due date, subject to conditions that both documents are filed electronically, the return corresponds to the audit report, and both are submitted within the extended electronic window; the direction creates a deeming fiction for timely filing but leaves open whether the statutory due date is thereby extended for timing dependent deductions, carry forward of losses and other compliance purposes. en-us Mon, 11 Nov 2013 13:01:40 +0530 Mon, 11 Nov 2013 13:01:40 +0530 TaxTMI RSS Generator E-Return of income and E-tax audit report (with original due date as 30.09.13 ) Could be filed electronically by 31.10.13 so as to be deemed as filed within due date u/s 139(1)- board will do well to clarify that the order amount to extension of due date for all purposes including S. 40 and 43B to avoid disputes. https://www.taxtmi.com/article/detailed?id=5347 CBDT directed that where the statutory due date for furnishing tax audit reports and corresponding income tax returns fell at the end of September, those electronically filed by the end of the following month shall be deemed filed within the due date, subject to conditions that both documents are filed electronically, the return corresponds to the audit report, and both are submitted within the extended electronic window; the direction creates a deeming fiction for timely filing but leaves open whether the statutory due date is thereby extended for timing dependent deductions, carry forward of losses and other compliance purposes. Articles Income Tax Mon, 11 Nov 2013 13:01:40 +0530 https://www.taxtmi.com/article/detailed?id=5347