Big relief to companies, deadline for filing income tax returns extended till 7 November
The Finance Ministry has announced to extend the date of filing Income Tax Return for certain categories of companies in the assessment year 2022-23. The last date for ITR filing of this category was October 31, 2022, which has been extended to November 7, 2022.
For those whose accounts are required to be audited, the last date for filing income tax returns was October 31, 2022. Which has now been extended till November 7, 2022. While issuing a notification, the Central Board of Direct Taxes said that last month it had extended the deadline for filing audit reports, now it has been decided to extend the date of filing of income tax returns.
According to the CBDT, the due date for filing income tax returns for the assessment year 2022-23 was October 31, 2022, which has been extended to November 7, 2022.
The last date for filing income tax returns for domestic companies for the financial year 2021-22 and assessment year 2022-23 was October 31, 2022. The last date for filing income tax returns of companies under transfer pricing norms is November 30, 2022. It is believed that keeping in mind the festive season, the deadline has been extended, this will give a big relief to the taxpayers.
