Map and co 8th October 2018 541Category: Finance.(0)


More relief to tax payer to file return and tax planning for your entity, as due date of filing tax for those audit is required is extended till 31st October 2018 from 30th September 2018. CBDT extended the due date to file audit report and ITR till 31st October 2018 By notification no 225/358/2018/ITA.II dated 8th October 2018.

Following person is require to file return on or before 31st October 2018 to save penalty of Rs 5,000 and others

  1. All Company,
  2. All LLP and Firm,
  3. Any person like AOP, BOI or trust where audit is applicable and
  4. Any other person who does not want to used presumptive income scheme under section 44 and disclose net profit below than specified limit etc.

CA Manish Kumar Sinha


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