All India Federation of Tax Practitioners
(An Association of Advocates, Chartered Accountants & Tax Practitioners of India)

Regd Office: 215, Rewa Chambers, 31, New Marine Lines, Mumbai- 400020.
Tel: 022- 22006342 / 49706343 / Telefax: 022- 22006343 / E-mail: aiftp@vsnl.com/ Website : www.aiftponline.com

Ref. No. …………………………………..

Date: 23 Oct 2017

The Chairman
Central Board of Direct Taxes
North Block, New Delhi

Sir

Reg: Request for extension of date for filing Income Tax Returns for AY 2017-18 in cases where Tax Audit Report or Transfer Pricing Report or other Audit Report are prescribed

All India Federation of Tax Practitioners having its registered office at Mumbai, is an Apex Professional Organization, comprising of Advocates, Chartered Accountants and Tax Practitioners, serving the society for the past 04 decades. The main object of the Federation is to disseminate the knowledge and to resolve the problem being faced by the professionals.

At the outset, we place our heartfelt gratitude for extending the due date of filing of income tax returns in cases where various audit tax reports are prescribed, till 31st Oct 2017.

However we are getting several requests from our members all over India that this year, being the extra ordinary year, it is very difficult to file the income tax returns on or before 31st Oct 2017 due to exceptional circumstances.

Your Honor are well aware that this year, professionals are busy in making compliance with GST obligations. GST Act is new, compliances are many, notifications are being issued everyday and the technical glitches in the system have aggravated the problems. Further dates are being extended everyday and the professionals have to make the compliances on daily basis. Accordingly, professionals are finding a very short time for making compliance with the income tax obligations.

(2) Apart from this, CBDT has notified new Income Computation and disclosure standards with effect from 01.04.2016 which has increased the complications and has required more time to spend by the professional in finalizing the tax audit reports.

Further this year, October is a month which is having number of festivals e.g. Durga Puja, Lakshmi Puja, Vishwakarma Puja, Deepawali and Chhat Puja.

This is not all. CA examination have been scheduled to take place from 01st Nov 2017 and most of the articled clerks and assistants are on leave in the offices of the Chartered Accountants.

Companies Act 2013 has also made certain changes requiring various details to be incorporated by the auditors in their audit reports which is time consuming.

Under these circumstances, we request Your Honour to kindly consider further extension of date for filing the income tax returns at least for a month i.e. upto 30th Nov 2017 in cases where tax audit report or transfer pricing report or other audit reports are prescribed.

We shall be highly obliged for your kind gesture.

Yours sincerely,

(Prem Lata Bansal)
Senior Advocate
National President

(Sanjay Sharma)
Advocate
Secretary General

Copy to

Prime Minister’s Office
152, South Block, Raisina Hill, New Delhi- 110001

Shri Arun Jaitley
Hon’ble Finance Minister
North Block, New Delhi- 110001

Secretary Revenue
128/A, North Block, New Delhi- 110001.

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50 Comments

  1. avassociates says:

    sir,

    No point in commenting in this web site. Auditors and Consultants have lost their hope. Nothing is been done and no Progress. No response from the CBDT and even they least bother to announce that, Extension may not be possible. simple you have announced 89% Tax payers/Auditors/consultants
    are expecting extension. all bogus. further don’t open this column for comment on this matter. simply waste of time.

  2. gujjuca says:

    arun jetly ji. auditer se dusmani achhi nahi, kal subah 10 baje ka time deta hu, nahi kiya to achha nahi hoga, aapki gov. ke liye duniya hila dunga 😛

    1. Raj says:

      Correct says… Mr.Arun Jetly is only for 5 year or 10 year(i.e.2024), but ICAI or AIFTF is for lifetime…
      Pls AIFTF & ICAI aplog hi sakte hain govt ko jhukne me majboor karne me.
      Lag raha hain ki humlog 1857 ki India me reh raha hoon.. Public ka koi value nehi… India ka 1.25 cr public chor or corrupt and only BJP minister’s are 100% sadhu purush.. 2024 tak to jhelna parega is govt ko.. so worried..

  3. Dhruv Sharma says:

    Govt is Deaf, It seems as i am living 1000 years back , when cruel kings Harrassess their poor public.

    Seriously I am not going to Vote this Govtt.. again.

  4. SK.RAJJAB ALI (income tax Lawyer) says:

    it will be betterment of the country and also for tax aspects if the due date for tax audit for the f/y 2016-17 is extended for one month

  5. azhar says:

    sir that much whole country is requesting but still they not considering our request just thinking any value for professional is there or not. dear friends please help in this regards that i know due to my health i not going to file about 50 to 60 audits within due date , suppose if not if 271b initiated what to do to drop please advice in this regards so that i can take some rest on my health ground since due to sleepness i got fever shivering becuase of tension please. they became deaf ears for this much request that too from whole country

  6. JAYESH M SENTA says:

    ALSO SEND REQUEST MINISTRY OF CORPORATE AFFAIRS FOR EXTENSION OF ANNUAL FILING TILL 31.12.2017 AS XBRL TAXONOMY IS NOT PUBLISHED BY MCA and AS STATED FESTIVALS DURING THE MONTH OF OCTOBER OTHER RELATED MATTER
    ACCOUNTANT MAHUVA GUJARAT

  7. MYM says:

    FM and CBDT should take decision as soon as possible, Pls don’t wait last date for extension, we are under huge pressure of GST work and going to depression

  8. Md Shahbaz Alam says:

    FM and CBDT should take decision as soon as possible, Pls don’t wait last date for extension, we are under huge pressure of GST work and going to depression

  9. CA. Dinesh B.Gandhi says:

    It is indeed necessary that the due date be extended by atleast one month. There are so many compliance to be made , assessments to face , surveys are going on , Service Tax and VAT departments are issuing notices for so old periods , even Income Tax Dept is issuing notices for old demands , for prosecutions etc etc . It is very horrible situation even though we try to equip ourselves and try to keep pace with that of all the departments . For defaults / lacuna by the Departments , nobody is responsible but for defaults by the assessees or their consultants , they are punished by heavy penalties . I believe all consultants are working day and night to achieve the due dates but after all there are limitations , we just cannot order the staff and the clients to do some thing , we have to monitor the same as attesting authority. Government should understand this and extend the due dates as it has extended earlier when there were problems in GST Portal .

  10. C.KAMESWARA RAO says:

    The Hon’FM and the CBDT and the Revenue secretary Knows the problems being faced by the Professionals and the Business people. It would be appreciated if they extend the due date, at least on receipt of this representation.

  11. Gajanan V Pise says:

    Yes, its very much necessary, as the professionals are already under full of work pressure, compliances and we are human beings not machines.

  12. Sagarmoy Ghosh says:

    The request of AIFTF is valid and justified. There are so many occasions made in our country. And also stated that the assesse /Chartered Accountants/Advocates/Tax Practitioners all are suffering havok pressure on filing of VAT Return (Revised), GST works was taken so many times. So, sir I further request to extension of date of filing the Audit/Income Tax Return for the assessment year. 2017-18 till Nov/Dec, 2017.

  13. RAKESH KUMAR SHARMA says:

    it is very necessary are urgent to extend the tax audit date up to dec 2017. The govt must understand that people engaged in this profession are not machine are human being what should be doo GST RETURNS INCOME TAX NOTICE OR VAT CASE

  14. NAGASUBRAMANYA L R says:

    ALSO SEND REQUEST MINISTRY OF CORPORATE AFFAIRS FOR EXTENSION OF ANNUAL FILING TILL 31.12.2017 AS XBRL TAXONOMY IS NOT PUBLISHED BY MCA and AS STATED FESTIVALS DURING THE MONTH OF OCTOBER OTHER RELATED MATTER

  15. Abdul Hameed says:

    The request made by AIFTF is valid in view of erratic behavior of ITD and NSDL portals. Similar requests need to be made for GST and ETDS portals managed by NSDL. Latest upload of e-GOV sevices have made eTDS portal more fragile, firstly there is problem with CAPTCHA service and then if login is managed 2nd eTDS window is not available!
    GST Portal, if logged in, does not make RETURN Window is not available.

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