E-filing for Form 56F for Assessment Year 2023-24 Now Available Online
The CBDT, through the recently issued notification no. G.S.R. 786(E) on October 19, 2023, has made it a requirement to submit an audit report in Form 56F for claiming deductions under Section 10AA of the Income Tax Act, 1961.
E-filing for Form 56F for Assessment Year 2023-24 Now Available Online
The Central Board of Direct Taxes (CBDT) made it possible to electronically file Form 56F for the 2023-24 assessment year starting from November 6, 2023.
The income tax portal clarifies that you can now e-file Form 56F for the 2023-24 assessment year online. It's essential to note that this form has been renotified through notification no. 91/2023, dated October 19, 2023.
The CBDT, through the recently issued notification no. G.S.R. 786(E) on October 19, 2023, has made it a requirement to submit an audit report in Form 56F for claiming deductions under Section 10AA of the Income Tax Act, 1961. This audit report should be prepared by a Chartered Accountant.
This notification is considered effective from July 29, 2021, which is the same day when the requirement to submit Form 56F for Section 10A deductions was removed.
The deadline for submitting Form 56F has been extended by the board to December 31, 2023. The notification also ensures that no one will face negative consequences due to applying the Income-tax (Twenty-Sixth Amendment) Rules, 2023 retroactively.
Also Read: Agricultural Income Tax: Navigating the Fields of Taxation
FILING YOUR INCOME TAX RETURN F.Y 2022-23 (A.Y. 2023-2024) WITH MYITRONLINE
Income tax filing deadline is right around the corner. If you haven’t filed yet, do it now for FREE on Myitronline! Avoid last minute rush and file your tax return today on MYITRONLINE in Just 5 mins.(www.myitronline.com)
If you are looking for eCA assistance to file your income tax return/ GST, you can opt for MYITRONLINE eCA assisted plan starting
Upload Salary Individual Form-16
If you have any questions with filing your tax return, please reply to this mail. info@myitronline.com OR call 9971055886.
Note-All the aforementioned information in the article is taken from authentic resources and has been published after moderation. Any change in the information other than fact must be believed as a human error. For queries mail us at marketing@myitronline.com
Krishna Gopal Varshney
An editor at MyitronlinenewsKrishna Gopal Varshney, Founder & CEO of Myitronline Global Services Private Limited at Delhi. A dedicated and tireless Expert Service Provider for the clients seeking tax filing assistance and all other essential requirements associated with Business/Professional establishment. Connect to us and let us give the Best Support to make you a Success. Visit our website for latest Business News and IT Updates.
Leave a reply
Your email address will not be published. Required fields are marked *Share this article
News Offers
Related Post
