CBDT extends due date for filing tax returns

September 6, 2017 CAP INDIA

As
per Explanation 2(a) to Section 139(1) of Income Tax Act 1961 charitable trusts
and institutions are required to file their Income Tax Return in ITR 7 and
Audit Report in Form 10B by 30th September. 
However
the Central Board of Direct Taxes (CBDT) vide notice dated 31st August,
2017 has extended the due date for filing of Income Tax Returns and Audit
Report for the financial year 2016-17  to
31st October, 2017.
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