TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Budget Aligns Trusts' Audit and Form Submission Deadlines; Proposes Earlier Filing of Forms 9A and 10.</h1> The Union Budget 2023-24 and Finance Bill propose aligning the deadlines for trusts and institutions to submit forms related to income accumulation and tax audits. Trusts under two regimes must submit audit reports a month before income return deadlines. Currently, Forms 9A and 10 are due on the same date as income returns, complicating audit reporting. The proposal suggests filing these forms two months before the income return deadline, necessitating amendments to specific sections of the Act. These changes will be effective from April 1, 2023, applicable to the 2023-24 assessment year and beyond.
TaxTMI 
