Luminaires Accessories Components Manufacturers Association has requested FM to extend the due dates for Tax Audit and Income Tax Return filing to March 31, 2021 for the Assessment Year 2020-21 .  Relevant Text of their representation is as follows:-

To,

Smt. Nirmala Sitharaman
Hon’ble Finance Minister,
Ministry of Finance, North Block, New Delhi 110 001.

Hon’ble Madam,

Sub: Request for extension of Due Dates for Tax Audit, Transfer Pricing Audit and Income Tax Return Filing for the Assessment Year 2020-21

LACMA established in 2014,

Today, we come forth with a request of extending the due dates of Tax Audit and Income Tax Return filing to March 31,2021. Our request is based on 2 major pillars :

1. The Covid-19 Pandemic

We commend the Government for the way the pandemic has been efficiently tackled during the various phases of lockdown and unlock. We also appreciate the extensio n provided for tax audit and income tax return filin g up to December 31, 2020.

But, while the country has been unlocked as a whole, several state governments have individually imposed various restrictio ns based on the spread and severity of the Corona virus in the state. Inter-state movement is restricted to an extent in certain states. The intra-state movement is also restricted. States like Gujarat, Rajasthan, Punjab, Himach al Pradesh, Madhya Pradesh have imposed night curfew. In a city like Mumbai, whose lifeline is its local trains, the metros and local trains are not running till date. The transport via public buses is not easily accessible. Nation-wide, there is still a huge fear of getting infected among the people due to which they prefer not travelling at all or restrict it to the vicinity of their homes. Due to this restriction of movement, several industries and private offices have still not started fully functioning and are still struggling to function at a certain level of normalcy. This also includes the offices of the Chartered Accountants and Tax Practitioners.

Due to this, the details required for completing audits and carrying on tax audit and filing the return of income are not being received promptly and thus the audits canno t be efficiently performed.

Also travelling to the place of audit without availability of trains is very difficult for the professionals and their staff in a city like Mumbai as well as the curfews imposed have curtailed work hours in other cities.

Several Chartered Accountants, Tax Practitioners and their staff have been infected and have not been able to work for minimum of 14 days. Also visiting any audit place all the more exposes them to the virus making them prone to get infected.

In addition to this, the senior citizens are advised to stay at home. This includes senior professionals and senior assesses who following this advice will not be able to comply with the existing due dates.

These hindrances are making it very difficult for the assesses, the Chartered Accountants, and the Tax Practitioners to comply with even the extended due dates.

2. Delay in release of utilities and instructions

The utilities for the income tax return were made availab le only June’20 onward s instead of April 20.

Following is the chart showing the release date and the latest update date:

Sr.
No.
Income
Tax
Return
Schema Release
Date
Schema Updation
Date
Utility Updation
Date
1 ITR 1 June 2, 2020 September 9, 2020 December 1, 2020
2 ITR 2 June 26, 2020 November 4, 2020 December 3, 2020
3 ITR 3 July 31, 2020 November 9, 2020 December 1, 2020
4 ITR 4 June 5, 2020 October 15, 2020 December 1, 2020
5 ITR 5 August 25, 2020 November 18, 2020 December 3, 2020
6 ITR 6 September            22, 2020 November 22, 2020 December 3, 2020
7 ITR 7 September           3, 2020 December 8, 2020 December 8, 2020
8 Form 3CA-3CD November 4, 2020
9 Form 3CA-3CD November 4, 2020
10 Form
3CEB
November 4, 2020

Usually, the income tax returns must be released in the month of April but due to the pandemic, the release of the returns have been delayed on an average by 4 months. Additionally, even after release, they have been constantly updated.

Although the utilities were released as on the above mentioned dates, the 700+ paged instructions for filing the return of income were released only on October 23, 2020. These instructions were further revised on November 25, 2020 i.e. just a month before the due date of filing of income tax return, not giving the professionals and assesses enough time to even take a note of the most important points.

These are indeed unusual times and when the dates were last extended one had expected a reasonable resumption of activities – however the second predicted phase of COVID spread resulted in a slow un-lockdown compared to what was expected and hence the earlier date of December end which seemed reasonable at one time is now looking like an impossibility.

With due respect to the above difficulties faced by the assesses and the professionals, we request your Honour to take them into consideration and extend the due dates for Tax Audit and Income Tax Return filing to March 31, 2021. The entire fraternity of taxpayer and professionals will highly appreciate if this is done soon enough (i.e. wel in advance) to allow them to get a clarity.

Sincerely,
Yours Truly,

For Luminaires Assecories Components Manufacturers Association

(Hon. President)

(Hon Secretary)

Download Full Text of the Representation

Also Read:-

S. No. Date Association Particulars with link
1 9 Dec 2020 Western Maharashtra Tax Practitioners Extend due dates of Tax Audit & ITR for AY 2020–21
2 12 Dec 2020 Gujarat Sales Tax Bar Extend GSTR-9/9A/9C due date for FY 2019-20 to 30/06/2021
3 12 Dec 2020 Chamber of Tax Consultants Extend due dates for Tax/Transfer Pricing Audit & ITR for AY 2020-21
4 12 Dec 2020 Tax Practitioner’s Association, Indore Extend due dates for filing Tax/TP Audit Report & ITR for AY 2020-21
5 14 Dec 2020 AGFTC, ITBC and CAA Extend due dates of Tax Audit Reports/ITR for A.Y. 2020-21
6 15 Dec 2020 BCAS, CAA (Ahmedabad), CAA (Surat), KSCAA & LCAS Request to Extend Due dates under GST & Income Tax
7 15 Dec 2020 Tax Bar Association, Bhilwara Request to extend Due Date of filing of Tax Audit & ITR
8 15 Dec 2020 Direct Taxes Professionals’ Association, Kolkata Extend due date of ITR & Tax Audit for AY 2020-21
9 16 Dec 2020 Lucknow CA Tax Practioners’ Association Extend Due date for filing Tax Audit Report & ITR
10 16 Dec 2020 Jamshedpur Chartered Accountants Extend Due Date of filing Tax Audit & ITR to 31.03.2021
11 13 Dec 2020 Direct Taxes Committee of ICAI ICAI requests for extension of various Income-tax due dates
12 10 Dec 2020 Udaipur Tax Bar Association Further extend due dates of ITR & Tax Audit Reports for FY 2019-20
13 15 Dec 2020 CA Social Affiliation (CASA) Extend Tax/TP Audit Report & ITR filing due date for AY 2020-21
14 19 Dec 2020 Chartered Accountants Association, Jalandhar Extend Due Dates for Tax Audit and Income Tax Return Filing
15 19 Dec 2020 All India Federation of Tax Practitioners (CZ) Request for extension of due dates of Tax Audit Reports/ITR
16 19 Dec 2020 Vyyapaar Mandal Association, Nagore & AIMTPA Extended Income Tax & GST Audit/Return/Compliance dates
17 17 Dec 2020 Emerging Businesses Chamber Of Commerce Extend due dates for Income Tax Audit & Returns for AY 2020-21
18 Dec 2020 The Uttar Pradesh Tax Bar Association Representation for Extension of time for Tax Audit & Return
19 19 Dec 2020 Tax Bar Association, Guwahati Extend Tax Audit/ITR due dates for AY 2020-21
20 21 Dec 2020 Tax Bar Association, Guwahati Extend due dates of GSTR-9/ GSTR-9C for FY 2018-19 & 2019-20
21 17 Dec 2020 Karnataka State Chartered Accountants Association Waive Late Fees for Delayed Filing of GST Returns
22 15 Dec 2020 Direct Taxes Professionals’ Association Extend Vivad Se Vishwas Scheme due date to 15.03.2021
23 15 Dec 2020 Direct Taxes Professionals’ Association Extend due date of AGM to 31st March 2021
24 15 Dec 2020 Association of Tax payers & Professional, Agra Extend due of GSTR-9, GSTR-9A & GSTR-9C
25 08 Dec 2020 Tax Bar Association (Regd), Allahabad Extend due date of ITR/Tax Audit/GSTR-9/GSTR-9C
26 08 Dec 2020 Tax Consultant & Practitioners Association of Kerala Extend due of ITR, GSTR 9, 9A & 9C for FY 2018-19 & 2019-20
27 21 Dec 2020 Tax Bar Association, Guwahati Extend CFSS 2020 & LLP Settlement Scheme 2020 to 31.03.2021
28 22 Dec 2020 Income Tax Bar Association, Lucknow Extend Time for filing ITR & Audit Report for A.Y 2020-21
28 22 Dec 2020 53 GST and Trade Associations 53 Associations requests Extension for GSTR 9, 9A & 9C
29 16 Dec 2020 Chandigarh Chartered Accountants Taxation Association Extend Income Tax & GST Return & Audit due dates
30 22 Dec 2020 Bhayander CA Social Group Request to extend Due date of Annual GST Return & Audit
31 22 Dec 2020 Luminaires Accessories Components Manufacturers Association Extend due dates for Tax Audit & Income Tax Return filing for AY 2020-21
32 22 Dec 2020 All Professionals, Tax Payers and Stakeholders Open letter for extension of Due dates under Income Tax and GST
33 22 Dec 2020 Punjab Accountants Association Extend due date for filing ITR & Tax Audit Report- AY 2020-21
34 22 Dec 2020 Bhayander CA Social Group Extend Income Tax Audit & ITR Due dates for AY 2020-21
35 23 Dec 2020 The Tax Bar Association, Odisha Extend due dates of Audit Reports, ITRs, GST Returns, VSV Scheme
36 21 Dec 2020 Sales Tax Bar Association, Delhi Extend Tax/TP Audit & ITR Due dates for AY 2020-21
37 23 Dec 2020 Direct Taxes Professionals’ Association Extend Income Tax, Companies & CGST Act compliance due dates
38 24 Dec 2020 ICSI Extend due dates of CFSS, LLPSS, Charge Forms, Meetings
39 24 Dec 2020 All Odisha Tax Advocates Association Extend due date for filing TAR/ITR/GSTR9/9A/9C
40 25 Dec 2020 BJP Economic Cell, Rajasthan Extend Income Tax, GST, LLP, Company Law due dates
41 23 Dec 2020 Hyderabad Chartered Accountants’ Society Extend Due date under GST and Income Tax
42 22 Dec 2020 A. P. Tax Bar Association, Vijayawada Extend date of filing of GSTR 9, GSTR 9C and IT returns
43 03 Jan 2021 National Company Law Tribunal Bar Association Representation for further extension of CFSS 2020
44 25 Nov 2020 Merchants Chamber of Uttar Pradesh Request for extension of Company Fresh Start Scheme 2020
45 04 Jan 2021 Adv. Anuj Bhatt Request to President to take Suo-Moto cognizance of GST Issues
46 03 Jan 2021 The Chamber of Tax Consultants Extend Income-tax due dates with humane approach
47 01 Jan 2021 WMTPA Highly Disappointing GST Audit Due Date Extension
48 01 Jan 2021 The A.P. Tax Bar Association, Vijayawada Extend due date of Form GSTR 9 and 9C for year 2018-19

More Under Income Tax

28 Comments

  1. azhar says:

    mam try to understand our position, around 10 pm police people come and ask to close as it is so staff got fear daily they are warning us, if you not closed by 9.30 pm we will take all staff with you, they also warn us if we worked beyond this all staff to declare under covide19 positive so staff is worrying so we are closing by 9 itself. clients also not coming to office. please extend the date mam today itself mam. So that we can plan by coming early and finish the task at the earliest. Do the the needful mam.

  2. snehal says:

    REPLY ABOUT DATE YES OR NO SO THAT WE CAN KNOW HOW TO WORK GIVE ANSWER MADAM THIS IS NOT GOOD THAT NOT GIVE ANY REPLY
    BECAUSE OUR CLIENT AND LEGAL ADVI. RELATION IS EFFECTED BECAUSE OF YOU

  3. DEEPESH DAVADE says:

    Please extend the due date of ITR AY 20-21 , GST Annual return 2018-19 & waiver of GSTR1 & GSTR 3B late fees for financial year 2019-20 & 2020-21

  4. Mayur Ramani says:

    As per data provided on income tax return e-filing site https://www.incometaxindiaefiling.gov.in, Percentage of returns filed outside office hours was 55.43% on 31.08.2020. So it shows how hard all the professionals trying to file income tax returns on time. In current scenario in many cities government imposed night curfew and no one allowed to travels after 9 p.m. due to which its almost impossible to file all returns till 31-12-2020. Government must consider all those representation and should extend the due dates.

  5. GANDHI MOHAN BHARATI says:

    The Government would do well if they amend the Act and Rules of Income Tax to the effect that the last date shall be 3 months or 90 days, whichever may be greeter or less to the advantage of the Government, and at disadvantage to the assessee, from the last day of effecting the utility and any clarifications.

  6. salsom says:

    my wife stood in the central hall of our house and said
    i do not eat onions or garlic it does not matter to me what are its prices
    i also do not file returns pay tax or get tax audit done so it does not matter me what are due dates
    let people die or live may my bank balance increase

  7. Sachin Bhutani says:

    I believe its high time the beauracrats of India pay attention to the diffreent laws at one point together before deciding the last dates and understand teh fact that its professional who file the returns and not the businessman . How can we manage 3 annual closings on a single date !

  8. Sachin Bhutani says:

    I believe its high time the beauracrats of India pay attention to the diffreent laws at one point together before deciding the last dates and understand teh fact that its professional who file the returns and not teh usiness man themselves. How can we manage 3 annual closings on a single date!

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