Extension of due date for furnishing return of income for the Assessment Year 2022-23

CBDT vide Circular No. 20/2022 dated October 26, 2022 extends the due date for furnishing Income Tax Return for the Assessment Year 2022-23 to 07th November, 2022 for certain categories of assessees.

In consequence to extension of due date for various reports of audit in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act to 7th October 2022 by Circular No.19/2022 dated September 30, 2022, Central Board of Direct Taxes (CBDT), in exercise of its powers under Section 119 of the Income-tax Act, 1961 (Act), extends the due date of furnishing of Return of Income under sub-section (1) of section 139 of the Act for the Assessment Year 2022-23, which is 31st October 2022 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, to 07th November, 2022.

Source: Circular