CAs Seek Transfer Pricing Audit & ITR Deadline Extension after Audit ITR Gets Extended by CBDT

The article discusses the representation made by the Chartered Accountants’ community seeking extension of the ITR and transfer pricing audit deadlines. Following these representations, the Central Board of Direct Taxes (CBDT) extended the due dates for filing audit reports and returns. Professionals cited practical challenges like system slowdowns and delayed data finalization. The article highlights compliance relief for corporates and auditors and reiterates the need for synchronized timelines between transfer pricing and statutory audit filings.