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

Indian Stock Market Today: Sensex, Nifty End Lower, Market Under Pressure

Indian stock market today ended lower as Sensex fell 307 points and Nifty lost 95 points, while Adani stocks faced sharp selling pressure.

Sensex Nifty Today: Markets Fall on Iran Tensions

Sensex and Nifty closed lower as Iran tensions rattled markets. Check closing levels, key support, resistance and what investors should watch.

More like this

Tiger Bright Coffee From Koraput Served at BRICS Summit

Tiger Bright Coffee from Koraput tribal farmers was featured at the BRICS Summit, highlighting Odisha’s coffee, value addition and tribal enterprise.

England Beat Pakistan by 8 Wickets to Complete 3-0 Sweep

England beat Pakistan by eight wickets in the third Test at Edgbaston to complete a 3-0 series sweep and secure a historic home whitewash.

BRICS Declaration Condemns Pahalgam Terror Attack

The BRICS New Delhi Declaration condemns the Pahalgam terror attack and calls for zero tolerance against terrorism, terror financing and safe havens.