Submission of Return of Income Should Precede Submission of Tax Audit Report

In this Article, the Author discusses in detail the impact of delinking the date of submission of Tax Audit Report with that of Return of Income and preponing it by one month vide CBDT’s Press Release dated 24-10-2020. As the Assessee will have time to exercise certain options and make certain compliances even after the due date for furnishing of tax audit report, the Tax Auditor would be unable to furnish accurate information and data. So, in his opinion, the Tax Audit Report will become mean

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