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October 2014

4. CBDT notifies norms for procedure and criteria for compulsory manual selection of cases for scrutiny during Financial Year 2014-2015 – Instruction No. 6 dated 2nd September, 2014

By Pinky Shah, Sonalee Godbole, Chartered accountants
Reading Time 2 mins
4. CBDT notifies norms for procedure and criteria for compulsory manual selection of cases for scrutiny during Financial Year 2014-2015 – Instruction No. 6 dated 2nd September, 2014

CBDT    extends    the    due    date    for    filing    income    tax    returns    for  assessees who are liable to tax audit u/s. 44aB of the act  –    Order    u/s.    119    of    the    Act    –    File    no:    F.No.153/53/2014-TPL    (Pt.I)    dated    26th    September    2014

 The    Board    has    extended    the    due    date    for    filing    return    of income for assessees who are subject to tax audit from 30th     September     2014     to     30th     November     2014     in     line    with the extension of obtaining the tax audit report. it has been    clarified    in    the    order    that    interest    u/s.    234A    would    be leviable.  in all other cases the due date would remain   at 30-09-14

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