CBDT Extends Due Date For Filing The Report Of Accountant For AY 2023-24 Until December 31, 2023

The Central Board of Direct Taxes (CBDT) has extended the due date for filing newly notified Form 56F in respect of the report of accountant for AY 2023-24 until December 31, 2023.

The Board has considered the difficulties arising to the taxpayers and other stakeholders in timely filing of the report of the accountant required to be filed under section 10AA(8) read section 10A (5) of the Income-tax Act, 1961 on account of notification of relevant Form 56F on October 19, 2023, and with a view to avoid genuine hardship.

The Board in the exercise of its powers under 119(2)(b) of the Income Tax Act, 1961, extended the due date of filing of a report of the accountant as required to be filed under clause (8) of section 10AA read with clause (5) of section 10A, for Assessment Year 2023-24 from the specified date under section 44AB to December 31, 2023.

Circular No. 18 of 2023

Date: October 20, 2023

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