Extension of Due Date for Filing of Return of Income for Assessment Year (AY) 2022-23 for Certain Category of Assessee

The Central Board of Direct Taxes (CBDT) has issued Circular No. 20/2022 dated 26 October 2022, which provides that the due date for filing of return of income has been extended from 31st October 2022 to 7th November 2022 for those types of assessees who were required to get their accounts audited, and the date of submission of the audit report was extended from 30th September 2022 to 7th October 2022.

For detailed notification go here:- https://bit.ly/3DmU3WD

Additional Resources:

• CBDT Extends Due Date for Filing of It Returns
• Condonation of Delay Under Section 119 of Income Tax
• Income Tax Assessment Proceedings
• Introduction of a modified return of Income in ITR and extension of time

Article contributed by Himanshu Suryan, Senior Manager—Taxation Advisory & Compliance Services, MBG Corporate Services