After Extension of Income Tax Return Filing Due Date from 31-july-2018 to 31-Auguest-2018 by CBDT, Rumors are spreading news regarding Extension in Tax Audit submission due date for Financial Year 2017-18 ie. Assessment Year 2018-19 is extended upto 31-10-2018, this news is completely fake and their is NO such extension has been granted by the Central Board of Direct Taxes (CBDT). (as on 2/9/2018)
Tax Audit under section 44AB as per The Income Tax Act Due Date is 30-9-2018 (as on current date 2/9/18) and there is NO such extension.
However, Assessee who is liable for Audit u/s 92E (Transfer Pricing) they have extra time for submitting their report.
So, there is NO Such Extension till date
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