required to be audited under the Income Tax Act is the 30th September of the
following year. The tax payers whose business receipts exceed Rupees One Crore or professional receipts exceed Rupees twenty-five Lakh during the previous year
2015-16 are required to file an Income Tax return accompanied by an audit report
by the above mentioned due date.
However, taking into consideration that the last date for making declarations
under the Income Declaration Scheme 2016 is also 30th September, 2016, the
Central Board of Direct Taxes has decided to extend the last date for such returns which were due on 30th September, 2016 to 17th October, 2016 in order to remove
inconvenience and to facilitate ease of compliance.
- CBDT Press Release