The due date for filing Return of Income in ITR-7 for A.Y. 2023–24 has been extended by CBDT from October 31st to November 30th, 2023. Refer CBDT Circular No. 16/2023 dated September 18th, 2023.
Circular No. 16/2023
F. No. 225/177/2023/ITA-II
Government of India
Department of Revenue
Central Board of Direct Taxes
New Delhi, dated 18th September 2023
Subject: – Extension of timelines for filing of Form 10B/10BB and Form ITR-7 for the Assessment Year 2023-24-reg.
On consideration of difficulties reported by the taxpayers and other stakeholders, the Central Board of Direct Taxes (CBDT), in exercise of its powers under Section 119 of the Income-tax Act, 1961 (Act), provides relaxation in respect of following compliances:
- The due date of furnishing Audit report under clause (b) of the tenth proviso to clause (23C) of section 10 and sub-clause (ii) of clause (b) of sub-section (1) of section 12A of the Income-tax Act, 1961, in the case of a fund or trust or institution or any university or other educational institution or any hospital or other medical institution in Form 10B/Form 10BB for the Previous Year 2022-23, which is 30th September, 2023, is hereby extended to 31s October, 2023.
- The due date of furnishing of Return of Income in Form ITR-7 for the Assessment Year 2023 24 in the case of assessees referred to in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, which is 31st October, 2023, is hereby extended to 30th November, 2023.