Due Date - ITR Filing & Form 3CD, Income Tax

[Ethirajan Parthasarathy]

For A.Y 20 – 21, ITR filing due date is 30/11/20. But report u/s 44AB has to be uploaded by 31/10/20. The assessee wants to pay bonus outstanding only around 15/11/20. This being item covered u/s 43B, the assessee is entitled to claim deduction in A.Y 20 – 21. How a person giving report u/s 44AB should address this situation. How does the assessee claim the bonus as deduction if as per 44AB report bonus outstanding remain unpaid on date of audit report

Posts / Replies

[DR.MARIAPPAN GOVINDARAJAN]

In my view he cannot claim.