Due Date For Tax Audit AY 2017-2018 / FY 2016-2017

The due date for Tax Audit Report and Income tax return filing for assessee (being company, firm and other required to get accounts audited under income tax act or other law and working partner of such firm) for the FY 2016-17/AY 2017-18 has been extended by the CBDT to 31st October 2017 from 30thSeptember 2017.

FY 2015-16/AY 2016-17 (last Year)

The due date for Tax Audit and Return filing for assessee whose due date for filing income tax return was 30th September (being company, firm and other required to get accounts audited under income tax act or other law and working partner of such firm) was extended to 17th October 2016.  

This order has been passed U/s 119 of income tax act, 1961 by F.NO. 225/195/2016-1TA-II dated 9th sept 2016

The normal due date of tax audit for AY 2016-17/FY 2015-16 was 30th September 2016 which is extended to 17th October 2016.

FY 2014-15/AY 2015-16

Last Year Story on Extension of Due date for Tax Audit:-

Earlier the ministry of finance has decided not to extend the due dates for persons whose accounts are required to be audited for assessment year 2015-16. These person includes companies, firms & individuals whose accounts needed to be audited under income tax act, 1961. The ministry of Finance through press information bureau has declared it on 09th September 2015.

Earlier various stakeholders had requested the Government of India to extend the due date of filing of return of income for tax audit. The reason for such request was late issue of income tax forms by the Government . The ITR NO. 3,4,5,6 and 7 was notified by government for public use on 29.07.2015.  The form were finally available for use as on 7th august 2015.

It was considered that that the changes made to these forms were not so extensive.

However the due date of filing of return for assessee entering into international transaction or specified domestic transaction is same as 30th November 2015

So after considering all relevant facts the Government of India had finally decided not to extend the due date of 30th September 2015. So it is advised in the public interest to file all your income tax return within time and save yourself from last minute rush.

CA Harish Negi