
Government extends deadline for filing tax audit report till October 7
The Hindu
The earlier deadline to submit audit report for fiscal 2021-22 was September 30
The Income Tax Department has extended the due date for filing tax audit report for fiscal 2021-22 by 7 days till October 7.
"On consideration of difficulties faced by the taxpayers and other stakeholders in the filing of various reports of audit for the Assessment Year 2022-23, Central Board of Direct Taxes (CBDT) has decided to extend the due date for filing of various reports of audit for the Assessment Year 2022-23, which was September 30, 2022, to October 7, 2022," an official statement said on Friday night.
Under the Income Tax Act, those taxpayers who need to get their accounts audited by a chartered accountant are required to file the tax audit report with the I-T department by September 30.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












