What is the deadline for income tax audit for FY 2023-24 and who needs to file audit report? | ET Wealth | Dr Swati Godbole

Publish Date

19th September 2024

Area of Interest

Academic, Education, Others

Type

Online

Source

Institution(s)

K J Somaiya Institute of Management

Dr Swati Godbole, Associate Professor - Finance & Law, K J Somaiya Institute of Management, shared her insights in an article titled 'What is the deadline for income tax audit for FY 2023-24 and who needs to file audit report?' in ET Wealth.

The article focuses on the importance of complying with tax audit deadlines. Dr Swati stresses that most taxpayers should submit their audit reports within the given timeframe. She also emphasises the necessity of maintaining financial records for at least eight years to avoid any legal complications in the future.