Extension of Due Date for Auditable cases

CBDT has extended the due date for filing Income Tax Returns & Audit Reports from 15th October 2018 to 31st October 2018. However, there shall be no extension of the due date for purpose of Explanation 1 to Section 234A (Interest for defaults in furnishing return) of the Act and the assessee shall remain liable for payment of interest as per provisions of section 234A of the Act

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