Circular No. 20/2024 dated 30.12.2024
CBDT issued Circular No. 20/2024 dated 30.12.2024 regarding Extension of due date for determining amount payable as per column (3) of Table specified in section 90 of Direct Tax Vivad Se Vishwas Scheme, 2024.
Tag: due date extension
ITR filing deadline extension: Bombay HC orders tax dept to allow these taxpayers claiming 87A rebate to file ITR till January 15, 2024
Sometimes you need to fight against the government authorities for your rights rather than keeping your head down and accepting whatever is being imposed. The best example for this analogy should be the recent section 87A tax rebate fiasco, where many taxpayers who filed ITR after July 5, 2024, were denied, despite them being eligible for it. All over the country, taxpayers approached courts in hope of justice and the Bombay High Court delivered.
Notification no. 30/2024 – Central Tax dated 10.12.2024
CBIC issued Notification no. 30/2024 – Central Tax dated 10.12.2024 Seeking extension of the due date for furnishing FORM GSTR-3B for the month of October, 2024 for registered persons whose principal place of business is in the district of Murshidabad in the state of West Bengal.
Notification no. 26/2024 – Central Tax dated 18.10.2024
CBIC issued Notification no. 26/2024 – Central Tax dated 18.10.2024 regarding extension of due date for filing GSTR-3B for the month of October 2024.
CBDT further extended the due date to file audit report in correct Form 10B/10BB
CBDT vide Order u/s 119 dated 07th October, 2024 has further extended the due date to file audit report in correct Form 10B/10BB as applicable for A.Y. 2023-24 to 10th November, 2024 from 31st March, 2024 for those taxpayers who have filed Form 10B/10BB till 31st October, 2023 but filed Form 10B instead of Form 10BB and vice-versa.
Order File No.173/118/2024-ITA-1 dated 07.10.2024 -Income tax
Central Board of Direct Taxes issued Order u/s 119 of the Income tax Act, 1961 to further allow the trusts / institutions/ funds who have mistakenly filed Form No. 10B instead of Form No. 10BB and vice-versa, to furnish such audit report in the applicable Form No. 10B / 10BB on or before 10.11.2024.
Due date of filing of audit report u/s 139(1) of Income Tax Act, 1961 has been extended
Due date of filing of audit report u/s 139(1) of Income Tax Act, 1961 has been extended from 30th September, 2024 to 07th October, 2024 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, 1961.
Circular No. 10/2024 dated 29.09.2024
CBDT issued Circular no. 10/2024 dated 29.09.2024 providing extension of timelines for filing of various reports of audit for the Assessment Year 2024-25.
Why an ITR filing deadline extension is unlikely this year
The Income Tax Department is unlikely to extend the deadline for filing Income Tax Returns (ITRs) beyond July 31, 2024. Despite calls from taxpayers for an extension due to technical issues with the e-filing portal, the department looks firm on its original timeline.
ITR deadline extension: Why taxpayers are asking for more time till August 31
The Income Tax return filing deadline is July 31, 2024. With the deadline just two weeks away, the rush to file ITRs has increased multifold. Many taxpayers have reported constant delays due to snags with the e-filing portal. Due to this, the Income Tax Department has started receiving requests from individual taxpayers and tax professionals for extending the ITR due date for AY 2024-25 beyond July 31.