The CBDT issued Circular No. 18 of 2023 dated October 20, 2023, extending the due date for filing the report of accountant (Form 56F) under Section 10AA for Assessment Year 2023-24 until December 31, 2023.
On consideration of difficulties arising to the taxpayers and other stakeholders in timely filing of the report of the accountant required to be filed under clause (8) of section 10AA read with clause (5) of section 10A 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 to such cases, the Central Board of Direct Taxes, in the exercise of its powers under 119(2)(b) of the Income Tax Act, 1961, hereby extends the due date of filing of report of the accountant as required to be filed under clause (8) of section 10AA read with clause (5) of section 10A of the Act, for Assessment Year 2023-24 from the specified date under section 44AB to December 31, 2023.
The Circular can be accessed at: https://incometaxindia.gov.in/news/circular%2018-2023.pdf