CBDT has issued an extension of time lines for filing of various reports of audit for the Assessment Year 2024-25

Central Board of Direct Taxes vide circular dated 29th September, 2024 has issued an extension of time lines for filing of various reports of audit for the Assessment Year 2024-25 by a company; or a person (other than a company) whose accounts are required to be audited under this Act or under any other law for the time being in force a working partner of a firm whose accounts are required to be audited under this Act or under any other law for the time being in force.

On consideration of difficulties faced by the taxpayers and other stakeholders in electronic filing of various reports of audit under the provisions of the Income-tax Act,1961 (Act), the Central Board of Direct Taxes (CBDT) has extended the specified date of furnishing of report of audit under any provision of the Act for the Previous Year 2023-24, which was 30th September, 2024 to 071h October, 2024.

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