HomeBREAKING NEWSIncome Tax Returns Filing For Companies Extended Till November 7

Income Tax Returns Filing For Companies Extended Till November 7

Published on

New Delhi: ITR Filing-2022-23 The Finance Ministry yesterday extended the deadline for filing income tax returns for the assessment year 2022-23 till November 7.

The last date for filing income tax returns (ITR) by companies was October 31, 2022. It was deadline for who are required to get their accounts audited.

The Central Board of Direct Taxes (CBDT), the decision-making body in matters of income and corporate tax, in a notification said since it had last month extended the deadline for filing audit reports, hence the ITR filing due date too is extended.

The Central Board of Direct Taxes (CBDT) has extended the due date of furnishing of Return of Income under sub-Section (1) of Section 139 of the Income-tax Act, 1961 (the Act) for the Assessment Year 2022-23, for the category of assesses for whom the due date is 31st October, 2022, to 07th November, 2022. the CBDT notification said.

CBDT Circular No. 20/2022 in F.No.225/49/2021/ITA-II dated 26.10.2022 issued.

Notably, Last month, the CBDT extended the deadline for filing audit reports by 7 days till October 7.

Domestic companies are required to file their income tax returns by October 31, 2022, for the Financial Year 2021-2022. The due date to file ITR will be November 30, 2022, for companies which are subject to transfer pricing norms.

Today, CBDT extends due date for filing of TDS statement in Form 26Q for the second quarter of Financial Year 2022-23.

Considering the difficulties in filing of TDS statement in the revised and updated Form 26Q, the Central Board of Direct Taxes (CBDT) has extended the due date of filing of Form 26Q for the second quarter of Financial Year 2022-23 from 31st October, 2022 to 30th November, 2022.

Read Also | SAFAL : Odisha CM Launches Common Credit Portal Safal For Farmers

[amazon_auto_links id=”635″]

Share Market

Sensex Falls 479 Points as Crude Oil Spike Hits Markets

Sensex and Nifty closed lower as crude oil prices surged after reports of fresh US military operations in Iran.

Sensex Rebounds Today as Reliance Lifts Markets

Sensex rebounds today after Reliance Industries sparks late buying. See what traders should watch next in Indian markets.

More like this

Odisha Police Launch Inquiry Into Custodial Torture Allegations in Kendrapara

Odisha Police launched an inquiry into alleged custodial torture of a woman and her son at Talachua Marine Police Station.

May 28 Daily Horoscope: Love, Career, Money Prediction For Aries to Pisces

May 28 daily horoscope reveals love, career, money and health insights. Check your zodiac forecast for smarter decisions today.

Pregnant Woman Carried 2 Km in Odisha’s Bolangir, Newborns Die

A pregnant woman in Odisha’s Bolangir district was carried for two kilometres due to lack of roads and medical access.