What is the new deadline to submit income tax audit report for FY 2023-24 (AY 2024-25)

Income tax audit deadline: The government has extended the deadline to submit tax audit report by 7 days to October 7, 2024. If you don't submit the tax audit report on or before the deadline of October 7, 2024 then you have to pay Rs 1.5 lakh or 0.5 % of total sales as penalty.