Sponsored
    Follow Us:
Sponsored

Representation to CBDT requesting for extension of time for submission of Tax Audit Reports and related returns from 30th September, 2019 to 30th November, 2019

Section 44AB of the Income-tax Act, 1961 requires the assessee to get his accounts audited by an accountant before the specified date and furnish the same by that date, which for the AY 2019-20 is 30th September, 2019. Further, the due date for filing ITRs for assessees falling under clause (a) of Explanation 2 to section 139(1) of the Income-tax Act, 1961 for AY 2019-20 is 30th September, 2019 which is also fast approaching. In other words, the ‘specified date’ for the purpose of audit of accounts and furnishing report of such audit under section 44AB of Income-tax Act, 1961 is the due date of filing return of income under section 139(1) of Income tax Act, 1961.

Considering the probable hardships and concerns raised by members, the Direct Taxes Committee of ICAI has represented to the CBDT to extend the time for submission of tax audit reports and related returns from 30.09.2019 to 30.11.2019. We would like to inform members that based on the feedback about the various technical and practical difficulties being faced by tax payers in filing of the new forms of returns of income for AY 2019-20, the difficulties being faced by the taxpayers in filing the ITR Forms as well as tax audit report under section 44AB by 30th September 2019 have been conveyed to the CBDT vide a representation dated 16th September 2019. ICAI is also regularly following up with the office of the CBDT for consideration of its request for extension of due date of Income Tax Returns and TAR filing.

Some of the hardships (in brief) detailed in the above-mentioned representation are as follows:

1. Delay in release of utilities & continuous and regular updation in the Schemas of the ITR Form filing utility

2. Detailed information to be provided in ITR forms requires time

3. Extension of due date of filing ITR forms for AY 2019-20 from 31st July, 2019 to 31st August, 2019

4. Natural calamities like floods disrupting normal life in large parts of India

5. Other Statutory Obligations

This is being issued for the information of the members.

Warm Regards,

Chairman,
Direct Taxes Committee of ICAI

Source- https://resource.cdn.icai.org/56784dtc46060.pdf

Also Read

Details of Other Representation

S. No. Dated Submitted by Link
11. 19.09.2019 The Punjab Accountants Association Extend due date for filing audited Income tax reports / Returns
10. 16.09.2019 Western Maharashtra Tax Practitioners’ Association Extend due date for filling tax audit reports & related Income tax returns
9. 17.09.2019 District Taxation Bar Association (Direct Taxes), Ludhiana Extend last date of filing of ITR & Tax Audit Reports to 15.11.2019
8. 16.09.2019 Tax Bar Association, Jodhpur Extend due date for filing Tax Audit reports and ITR to 30 November 2019
7. 16.09.2019 The Chamber of Tax Consultants Extend due date to file income tax return and tax audit report
6. 13.09.2019 All India Federation of Tax Practitioners Extend due date to file ITR & tax audit reports by one month
5. 11.09.2019 All Gujarat Federation of Tax Consultants Extend Tax Audit and related ITR Filing Due Dates
4. 19/08/2019 BCAS and 4 Others Representation on Income Tax and GST Issues faced by taxpayers
3. 13/08/2019 Goods & Services Tax Practitioners Association of Maharashtra Extend GST, Income Tax and other due dates falling in Aug & Sep 2019
2. 10/08/2019 Karnataka State Chartered Accountants Association Extend Due Date for Filing of Income Tax and GST Returns
1. 18/07/2019 Tax Bar Association, Jodhpur Extend due date for filing of Income-tax returns to 30th Sept 2019

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

152 Comments

  1. PARAS CHHAJED` says:

    Undoubtedly the tax fraternity is sincerely thankful to the Union Minister of Finance for having acceded to the requests for extension of the due date to 31st October 2019. The order issued on 27th September, 2019 however, is discriminatory, illogical and illegal in so far as it relates to charging of interest u/s 234A. The previous order extending due date from July 31st to August 31st did not ask for charging of interest u/s 234A. Section 234A where the return of income is furnished after the due date specified u/s139(1) then only interest is chargeable. When the due date is extended to 31st October, 2018 for the purpose of s. 139(1) then if he return is filed by that date it is filed well within the specified due date and asking to charge interest u/s 234A is without authority of y law and therefore illegal. Views and opinion of fellow professionals solicited.

  2. Sanjay Kumar Agrawal says:

    वित्तमंत्री महोदया कृपया 2019 20 की ऑडिट की तिथि को 1 माह आगे बढ़ाने का अनुरोध स्वीकार करे सभी ऑडिटर्स व अकाउंटेंट काफी तनाव में कार्य कर रहे है त्रुटिरहित व तनावरहित ऑडिट व आयकर विवरणी दाखिल हेतु समय प्रदान करने की कृपा करें

  3. RAMJEE PRASAD LAKHBAGHI says:

    dear FM
    please extend the due date of filing income tax audit report for quality work,
    because
    31-07-2019:- last date of filing itr u/s 44ad
    31-08-2019:- again last date of filing itr
    and than gst return filing dates, and also annual return date, so it is not possible for CA’s and accountant’s doing quality work and submit audit report.
    thanks & regards

  4. GAURAV says:

    DEAR SIR/MAM
    I HAVE HAVE GOT headache PROBLEM.
    IF YOU R NOT EXTEND THE DATE.
    AFTER THAT I HAVE BRAIN TUMOR.
    SO PLEASE..
    DATE BHADA DO KOI MARNE SE TO BACH JAYE GA..

  5. SUNIL KUMAR says:

    DATE MUST BE EXTENDED TILL 30TH NOVEMBER AS LAST DATE OF IT WAS 31ST JULY WHICH WAS EXTENDED UP TO 31ST AUGUST HENCE I MONTH IS NATURAL AND 1 MONTH EXTRA SHOULD BE GIVEN TO US DUE TO VARIOUS HARDSHIP FACES BY THE CA. HENCE 2 MONTHS EXTENSION IS QUITE RELEVANCE.

  6. G RAMALINGA ATHITHAN says:

    ICAI should be more pro active than the present sleeping mode ! ? Practicing Members are mentally and physically tired due to various dead lines and stringent due dates for compliances ! As such the they are unable to increase the fees where as the complications/ or hardships in executing the professional work is more day by day and employing and retaining qualified and quality assistants also a challenge , disregarding all the above factors , if the government is adamant in non extension of due dates then ” Non co operation” by members is the only option available . ICAI is not doing enough in this regard ! Present day dispensation is plagued with or pre occupied with various petty unwanted issues rather than facing the challenges ahead of this profession !

  7. DURGESH KUMAR JHA says:

    Please extend the due date at earliest to carry out the audit work freely, without tension of missing the deadline of filling the return, so kindly requested to release notification for same without further delay…

  8. Bunty Rai says:

    महोदया,
    कृपया गुणवत्ता कार्य के लिए आयकर ऑडिट रिपोर्ट दाखिल करने की नियत तारीख का विस्तार करें,
    क्योंकि
    31-07-2019: – आईटीआर दाखिल करने की अंतिम तिथि / 44ad
    31-08-2019: – फिर से अंतिम तिथि आईटीआर
    और जीएसटी रिटर्न दाखिल करने की तारीखों और वार्षिक रिटर्न की तारीख को भी दर्ज करना, इसलिए यह सीए और एकाउंटेंट के गुणवत्ता वाले काम के लिए और ऑडिट रिपोर्ट प्रस्तुत करना संभव नहीं है।
    धन्यवाद और सम्मान

  9. S Y MANIYAR says:

    KYA AAP REALLY PEOPLES GOVERNMENT HAI ? DO THIS GOVT. KNOWS THE MEANING OF THE GOVERNANCE ( OF THE PEOPLE, FOR THE PEOPLE AND BY THE PEOPLE).
    IF YES, THEN EXTEND THE DATE OF TAX AUDIT.

  10. avinash mishra says:

    वित्तमंत्री महोदया कृपया 2019 20 की ऑडिट की तिथि को 1 माह आगे बढ़ाने का अनुरोध स्वीकार करे सभी ऑडिटर्स व अकाउंटेंट काफी तनाव में कार्य कर रहे है त्रुटिरहित व तनावरहित ऑडिट व आयकर विवरणी दाखिल हेतु समय प्रदान करने की कृपा करें

  11. Pankaj Kumar says:

    dear sir /ma’am,
    please extend the due date of filing income tax audit report for quality work,
    because
    31-07-2019:- last date of filing itr u/s 44ad
    31-08-2019:- again last date of filing itr
    and than gst return filing dates, and also annual return date, so it is not possible for CA’s and accountant’s doing quality work and submit audit report.
    thanks & regards
    Pankaj Kumar

  12. Mange Ram Mehuwala says:

    Dear F.M.,
    Please extend the Tax audit & ITR Filing due date extension for FY 2018-19/ AY 2019-20. Extend date declare today only, so that we can relive from tension and work in without pressure.

  13. SHOURYA ANAND says:

    I have very burden for many firm’s returns and its very complicated, therefore i humble request to you kindly extend the due date of Tax Audit income tax Return.

  14. RUPAM CHOUDHURY says:

    Respected Madam,
    Kindly we request you to extend the due date for filing the audit report and income tax return upto 30th November 2019.Please Extend Due Date Fast

  15. Ashwitha says:

    please extend the date of audit for quality work
    31.07.19 income tax last date
    31.08.19 again income tax last date
    31.08.19 gst annual last date
    10.09.19 GSTR1 Last date
    20.09.19 gstr3b last date
    30.09.19 TDS last date, is possible for any accountant, taxpayer or ca, so please extend the date

    This is our kind request.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Sponsored
Search Post by Date
November 2024
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930