CBDT extends due date for filing tax returns

As per Explanation 2(a) to Section 139(1) of Income Tax Act 1961 charitable trusts and institutions are required to file their Income Tax Return in ITR 7 and Audit Report in Form 10B by 30^th September. 

However the Central Board of Direct Taxes (CBDT) vide notice dated 31^st August, 2017 has extended the due date for filing of Income Tax Returns and Audit Report for the financial year 2016-17  to 31^st October, 2017.