https://www.taxtmi.com/caselaws?id=798234 LLPs whose accounts require audit under the Limited Liability Partnership Rules qualify for the extended return-filing due date under Explanation 2(a)(ii) to section 139(1), which covers audits mandated by laws other than the Income-tax Act. This entitlement does not depend on meeting the tax-audit turnover threshold under section 44AB. A return filed within that extended due date permits carry-forward of business loss because section 80 does not apply to a timely return. Treating an LLP as a non-audit case despite audit particulars disclosed in the return constitutes a mistake apparent from the record and may be rectified under section 154. en-us Mon, 31 Aug 2026 00:00:00 +0530 Thu, 03 Sep 2026 08:20:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798234 LLPs whose accounts require audit under the Limited Liability Partnership Rules qualify for the extended return-filing due date under Explanation 2(a)(ii) to section 139(1), which covers audits mandated by laws other than the Income-tax Act. This entitlement does not depend on meeting the tax-audit turnover threshold under section 44AB. A return filed within that extended due date permits carry-forward of business loss because section 80 does not apply to a timely return. Treating an LLP as a non-audit case despite audit particulars disclosed in the return constitutes a mistake apparent from the record and may be rectified under section 154. Case-Laws Income Tax Mon, 31 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798234