Under the Income-tax Act, 2025 as in force as of November 2026, what is the statutory return-filing due…
The statutory due date for this non-audit business filer is 31 August of the financial year following Tax Year 2026–27. The July date is the general residual deadline.…
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Under the Income-tax Act, 2025 as in force as of November 2026, what is the statutory return-filing due date for Tax Year 2026–27 for an individual with business income whose accounts require no audit and who has no transfer-pricing reporting obligation?
Answer and explanation
Correct answer C
The statutory due date for this non-audit business filer is 31 August of the financial year following Tax Year 2026–27. The July date is the general residual deadline. October applies to specified audit and company cases without transfer-pricing reporting, and November applies where the specified transfer-pricing requirements apply.
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Karnataka SET (KSET)