Tax Practitioners Association, Indore has made a request for Extension of Due Dates for filing Tax Audit, Audit Reports under Income Tax Act and ITR for Assessment Year 2020-21 to Smt. Nirmala Sitharaman, Ministry of Finance. Text of the Representation is as follows:-

Dated: 13th Oct., 2020

To,
Smt. Nirmala Sitharaman,
Ministry of Finance,
North Block, New Delhi 110 001.

Hon’ble Madam,

Sub: Request for Extension of Due Dates for filing Tax Audit, Audit Reports under Income Tax Act and ITR for Assessment Year 2020-21.

Tax Practitioners Association (TPA), Indore having Advocates, CAs, CS and Tax Practitioners as its members with over 550 members. The TPA regularly takes up initiatives to act as a bridge between stakeholders and concerned regulatory bodies in order to convey and help in resolving genuine grievances or effectively implement the laws.

Today, we have come forward with a request of extending the due dates of Tax Audit, Transfer Pricing Audit, various other Audit Reports under Income Tax Act and Income Tax Return filing for AY 2020-21.

extension of all statutory due dates

Apart from others, this request is based on following major reasons being:

1. The Covid-19 Pandemic and its effect on professional work: At the outset, we enduring the various phases of lockdown and unlock. As the spread and severity of the Corona virus has not been reduced and instead is rising each day. Amidst this, several restrictions are still in place in various States and movement is still restricted. Commuting via public buses and/or other public transport is restricted and not fully operational.

Due to this, several industries and private offices have still not resumed functioning at all or fully. This also includes the offices of the Tax Advocates, CA’s , Tax Practitioners etc. resulting the details required for carrying on tax audit and filing the return of income are not being received promptly and thus the audits cannot be efficiently performed. Further also travelling to the place of audit is very difficult for the professionals and their staff.

Several our members have also been infected and have not been able to work for minimum of 14 days which extends to a month due to post Covid-19 health recovery. Also, visiting any audit place all the more exposes them to the virus making them prone infection. Further, the senior citizens including senior aged professionals and senior aged assessee are advised to stay at home. These hindrances are making it very difficult for the assessee, the Tax Advocates, CAs and the Tax Practitioners to comply with even the presently extended due dates. We would like to appreciate that for the very same reasons that we have cited above, i.e. genuine difficulties being faced by the taxpayers due to outbreak of COVID-19 pandemic, the CBDT has further extended the date for filing belated and revised return of income for Assessment Year 2019-20 from 30th September, 2020 to 30th November, 2020 in addition to Tax audit and income tax return filing up to 31st October, 2020 and 30th November, 2020 respectively, initially.

2. Extension of last date of AGM due to the current pandemic situation: the last date of holding AGM for corporates has been extended to 31st December, 2020 by MCA resulting, the statutory audit can be concluded even beyond 30th November, The tax audit can be conducted only post completion of statutory audit, post which only the income tax return can be filed by the Company. In a case where the Transfer Pricing audit is also applicable, the return shall be filed only after th

3. e filing of Transfer Pricing Report in Form No. One may note that since the date of AGM is extended, Annual Returns by the companies will be filed only subsequently. This will delay in getting database for the purpose of comparable for the Transfer Pricing audits.

Therefore, complying with the tax audit and Transfer Pricing Report due date of 31st October, 2020, and return filing due date of 30th November, 2020 seems very improbable.

4. Delay in release of return filing software utilities: The utilities for the income tax return were made available only June’20 onwards instead of April’20 and latest on 3rd Sept,2020 for ITR 6. Usually, the income tax returns are notified in the month of April, but due to the pandemic, the release of the returns also have been delayed on an average by 4 to 5 months.

5. Recent Amendment in Income Tax Rules & forms: Meanwhile Income Tax Rules and Forms vide Income-tax (22nd Amendment) Rules, 2020 Dt.lst Oct, 2020, has been All reports (including reports ready for signature) after 1st Oct, 2020 needs to be accordingly updated in new form. These amendments of new forms will further require time for the assessee and professionals to carry out the changes for the proper compliance.

REQUEST: With due respect to the above difficulties faced by the assessee and the professionals, we request your Honour to take them into consideration and extend the due dates for tax audit, transfer pricing audit and other audit reports under income tax act as under:

Returns /Audit Reports Present Due Dates Requested Due Dates
Tax Audit 31st  Oct.,2020 31st Jan,2021
Income Tax Return 30th Nov.,2020 28th Feb,2021

The entire fraternity of taxpayer and professionals will highly appreciate if this is done soon enough (i.e. well in advance) to allow them to get a clarity to. We look forward for your kind consideration to the genuine request.

Yours Sincerely,

For Tax Practitioner’s Association, Indore

Sd/-                                       Sd/-

(CA Manoj Gupta)         (CA J P Saraf)

President                        Hon. Secretary

CC: Chairman CBDT, New Delhi.

Download Representation in PDF Format

Also Read Other Similar Representations:-

S. No. Dated Made by Link to View the Representation
1. 06/08/2020 C.V.O. Chartered & Cost Accountants’ Association Representation for relaxation from levy of Section 234A interest
2. 25/08/2020 C.V.O. Chartered & Cost Accountants’ Association Suggestion /representation on 7 Important Direct Tax Issues
3. 04/09/2020 All India Federation of Tax Practitioners
Direct Tax Representation Committee
Extend due date of filing Income Tax Returns & Tax Audit Report
4. 05/09/2020 National Association of Tax Professionals
(Haryana – Chapter)
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5. 24/09/2020 Zalawad Federation of Trade & Industries Roll-back provisions of TCS under section 206C(1H)
6. 23/09/2020 Lucknow Chartered Accountants Society, Bombay Chartered Accountants’ Society, Chartered Accountants Association (Ahmedabad), Chartered Accountants Association (Surat) and Karnataka State Chartered Accountants Association TCS- Section 206C(1H)- Request to Provide relief & Clarification
7. 13/09/2020 Extend timeline for filing of Return, Tax & Transfer Pricing audit
8. 31/09/2020 Ahilya Chamber of Commerce and Industry Withdraw New Income Tax TCS provisions
9. 07/10/2020 Chamber of Tax Consultants Extend Due Dates for filing Tax/Transfer Pricing Audit & ITR
10. 10/10/2020 Tax Bar Association, Jodhpur Extend due dates of Tax/Transfer Pricing Audits & Return Filing
11. 11/10/2020 संभागीय चैम्बर ऑफ़ कॉमर्स एंड इंडस्ट्रीज भरतपुर (राजस्थान) Extend GSTR-9, GSTR-9C ITR & Tax Audit Due dates
12. 12/10/2020 All Gujarat Federation of Tax Consultants Extend due date of filing of Tax Audit Report & Income Tax Return
13. 13/10/2020 Tax Practitioners Association, Indore Extend dates for filing Tax Audit Report & ITR for AY 2020-21
14. 14/10/2020 Tax Bar Association, Bhilwara Extend Due Date of filing of Tax Audit & Income Tax Return
15. 14/10/2020 Gujarat Chamber of commerce & Industry Extend due date to submit Tax Audit Report & ITR to 31.12.2020
16. 15/10/2020 Karnataka State Chartered Accountants Association Extend due date for filing TAR to 28.2.2021 & ITR to 31.03.2021
17. 13/10/2020 All India Federation of Tax Practitioners (CZ) Request to extend date of filing Income Tax Audit for FY 2019-20
18. NA Tax Consultant’s Association, Jaipur Extend due date for submitting Tax Audit Report & IT Returns
19. 10/10/2020 Udaipur Tax Bar Association Further extend due dates for filing of both ITR & TAR
20. 08/10/2020 Tax Bar Association, Alwar Extend due date to submit Tax Audit Report & IT Returns
21. 07/09/2020 Tax Bar Association, Kota Extend due date for submitting Tax Audit Report & filing IT Returns
22. NA Nagpur Chamber of Commerce Limited Extend due date for filing of Tax Audit reports, TP Audits & ITR
23. 21/10/2020 Lucknow Chartered Accountants Society, Bombay Chartered Accountants’ Society, Chartered Accountants Association (Ahmedabad), Chartered Accountants Association (Surat) and Karnataka State Chartered Accountants Association Extend Income Tax and GST Audit & Return Filing dates

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28 Comments

  1. NISHIT says:

    dear madam please extend all due dates relating to income tax A.Y 20-21 its not possible to clear within time limits all work because so many accountant CA and staff also sufferings covid -19

  2. USHA CHAURASIA says:

    Since the Covid cases increasing and staff not able to work, it is better to extend all due dates relating to Income tax and Exemption u/s. 35(2A).

  3. Ganapaiah Vasudeva says:

    It is better to extend the due dates for all income tax related return under this covid-19 and covid-20 situation prevailing in the country

  4. VIJAY AGGARWAL says:

    I STRONGLY RECOMMEND DATE EXTENTION TO MAINTAIN QUALITY OF TAX AUDITS. TIME AVAILABLE IS TOO SHORT. CLIENTS DID NOT COME DUE TO COVID-19. STAFF COULD NOT PERFORM DUTIES PROPERLY DUE TO LOCKDOWN AND RESTRICTIONS IN MOVEMENTS. TRAVELLING FROM ONE PLACE TO ANOTHER PLACE IS ALSO NOT COMFORTABLE DUE TO COVID-19. CHARTERED ACCOUNTANTS ARE A PARTNER IN NATION BUILDING. HENCE THEY REALLY DESERVE DATE EXTENSION. IT IS IN NATIONAL INTEREST. THERE IS NO LOSS TO GOVT BUT DATE EXTENTION WILL CERTAINLY GIVE RELIEF TO CHARTERED ACCOUNTANT FRATERNITY. KINDLY CONSIDER REQUEST FAVOURABLY

  5. HIRAV GUPTA says:

    Delay in exertion of date is also hardship with professional and assessee as many of them are COVID positive or was COVID positive . its batter to issue notification as soon as posible

  6. DIPAK MEHTA says:

    DEAR MADAM
    IT IS PERFECT THAT COVID-19 IS NOT ENDED SO SENIOR ADVOCATES AND C.A.CANNOT COME TO OFFICE SO PLEASE EXTENDED THE DATE UP TO MARCH-21.IN NEWS ALSO CONFIRM THAT COVID-19 IS END UP TO FEB-21.
    PLEASE.

  7. Lalit Kumar Pandey says:

    Madam Kindly extend the due date for the tax audit
    n this COVID-19 situation, Immidiatly Extend all due date of a Tax Audit Report and Income Tax Return. It’s true very seriously condition mem

  8. Lalit Kumar Pandey says:

    Madam Kindly extend the due date for the tax audit
    n this COVID-19 situation, Immidiatly Extend all due date of a Tax Audit Report and Income Tax Return.

  9. G.P.Kundu says:

    I am also, an senior citizen FCA ( MNo. 052687) practicing as a profesional Chatered Acccountant for a long years with honour to my mother land,
    Humbly request to extent dates as required from your goodself for tax-audit and tax return dates for a.y- 2020-21 in view of the unbearale cobid 99 panademic situation for saving human society.
    For drawing attentions to all concerned.
    With my best regards,

  10. CA AVIJIT KUMAR SEN says:

    I do also pray before the appropriate authority for extension of due date for filing TAX AUDIT REPORT & INCOME TAX RETURN and by 31st Jan,2021 & 28th Feb,2021 respectively in view abnormal situation on account of COVID-19 PANDAMIC situation as a Senior Citizen of India and a practicing Chartered Accountant.

  11. Vijay Paikoti says:

    Southern India is facing heavy rains since the last few days which will disrupt all the life in the areas affected. In fact considering the difficult situation in the country due to Covid and also the natural calamities the Govt should on its own extend all the statutory due dates till at least 31st March 2021

  12. Anil Raichura says:

    Yes ,Agreed to extend tax audit date in this COVID-19 PANDAMIC otherwise we should go to court and should file writ petition at earlier stage

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