Everyone is waiting for an extension of Income Tax audit report filing due date, however, the ministry seems to be sleeping at moment. #Extend_Due_Dates_Immediately is trending number one on Twitter right now.
However, as per our sources, the Finance Ministry has decided to extended Income Tax Audit due date by 2 months and an extension may be announced by today evening.
Our sources have further reported that an extension decision has been taken based on statistics presented to the ministry by various trade and professional associations.
Further it may be noted that Income Tax website is not working properly at the moment and tax payers are facing problem in filing IT returns.
We are in touch with our sources at department to further communicate progress on the matter.
As soon as we get notification it will be uploaded on site. Please have faith and you will be able to download due date extension notification, once it is issued.
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