CBDT extended the Income Tax Return deadline for the assessment year 2024-25 for corporates to November 15, 2024, addressing difficulties in electronic audit report submissions. This move aims to provide more time for compliance and reduce pressure. Additionally, a committee reviews the Income Tax Act, 1961, to simplify the law and reduce disputes.from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/xiNaDBH
