Income Tax Return Deadline For F.Y 2019-20 Extended Extended due date for tax Audit:- In view of constraints being faced by taxpayers due to COVID-19,CBDT (Central Board of Direct Taxation) further extends due dates for various Income tax compliances for Financial year 2019-20: The due date of furnishing Income Tax Returns(ITRs)for taxpayers whose accounts require […]
Tag: late date of income tax audit
Article on Tax audit ||Objective of tax audit ||Tax audit applicability (As per section 44AB) || If a person/taxpayer is required by or under any other law to get his accounts audited|| Forms for tax audit|| Late fees/penalty
Article on Tax audit Tax audit Meaning The dictionary meaning of the term “audit” is check, review, inspection, examination etc. There are various types of audits prescribed under different laws like company act requires a company audit, cost accounting law requires a cost audit, GST act required a GST audit etc. The Income tax law […]