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Representation on Extension of last date of filing of Income Tax Returns in Audit cases & Tax Audit Reports from 30.09.2019 to 15.11.2019 by District Taxation Bar Association (Direct Taxes), Ludhiana to Union Finance Minister, Smt. Nirmala Sitharaman.

DISTRICT TAXATION BAR ASSOCIATION (REGD.)
(DIRECT TAXES)
Aayakar Bhawan, Rishi Nagar, Ludhiana – 141 001.
Tel : 0181-2305322, 2300524, 2301199, 2301522, 2303513, 2303521, Extn. 422
E-mail : dtbadt@gmailcom

September 17, 2019

To,

Hon’ble Smt. Nirmala Sitharaman
Union Finance Minister
Government of India
Ministry of Finance,
North Block, New Delhi- 110001

Subject: Representation regarding Extension of last date of filing of Income Tax Returns in Audit cases & Tax Audit Reports from 30.09.2019 to 15.11.2019.

Respected Madam.

1. District Taxation Bar Association (Direct Taxes), Ludhiana, established in 1978, is one of the oldest voluntarily non-profit making organization and professional body formed with the object of educating & updating its members on Direct Tax Laws. It has robust membership strength of about 800 professionals comprising Chartered Accountants, Advocates & Tax Practitioners. The prime objective of the association is not only to work for the cause of the professionals but also educate the public at large and, to act as a bridge between citizens & government authorities by providing suggestions & inputs relating to administration of Income Tax Law. DTBA regularly organizes seminars, lectures on tax advocacy and legal awareness in and around Ludhiana.lt also publishes monthly newsletter for the benefit of all concerned.

2. At outset we appreciate government’s efforts to make tax administration completely transparent and electronically operated. However frequent changes in return forms and substantial delays in notifying the same followed by repeated changes in schema and validation utility has created chaos and delay in filing of returns. Our members are facing difficulty in finalization of returns due to numerous changes introduced in return of income. Further reconciliation of returns and books of accounts with GST returns is taking its toll. It would not be out of place to mention here that reconciliation is easier said than done.

3. During this year, due to several changes in income tax law, many amendments have been introduced to the income tax return forms. Besides, the software required for preparing the return forms have also undergone several changes. Details required in the return forms are very extensive and requires thorough checking and compilation before filing of return. Since heavy penalties have been introduced for smallest of mistakes, it is important that data is compiled and checked number of times before statement of accounts are finalized as any error may lead to penalty not only under Income Tax Act but also under GST and Company Law Act.

4. ITR forms for AY 2019-20 were notified in the first week of April 2019 without providing the return filing utilities and schema. Further the ITR utilities for various ITR Forms were made available practically in July 2019 which necessitated the extension of due date of filling of non audit income tax return from 31st July 2019 to 31st August 2019. The time gap of two months provided in the law between both the due dates i.e. 31st July and 30th September, now stands compressed to only 30 days i.e. from 1st September to 30th September, 2019 due to extension of due date of 31st July, 2019 by one month.

5. Due date for filing Annual returns under GST also clashed with due date of filing return of income under Income Tax Act. GST Annual returns had to be complied for the first time. Ample time of assessee, its accountants and professionals has been consumed in complying with the provisions of GST. Then non-audit returns had to be filed by 31st August otherwise huge penalty was staring at the face of the assessee. Practically, only one month has been left with all concerned for compiling statement of accounts for audit purposes and filing of returns.

6. Various compliances have to be made this year under company law also. This includes the updating of Directors KYC for all the directors of all companies, filing of various BEN Forms, 1NC-22 & MSME Forms. This exercise is also a very time consuming , demanding huge penalties in case of delay in compliance. It is also eating out the time available with various professionals.

7. Then there have been floods in various states this year which has led to disruption of work and business as nothing is more important than saving of lives.

8. Hence it is requested that due date of filing of Income Tax returns in audit cases, Tax Audit Report and Corporate assessee returns may please be extended to 15th November 2019 and oblige.

9. We assure the government fullest cooperation , as always, in successful implementation of various policies aiming at bringing long wanted reforms for the growth and development of the country.

Thanking You

Yours faithfully,

CA. Arun Gupta
President, DTBA

Download Representation by  District Taxation Bar Association (Direct Taxes), Ludhiana

Dated Submitted by Link
17.09.2019 District Taxation Bar Association (Direct Taxes), Ludhiana As above
16.09.2019 Tax Bar Association, Jodhpur Extend due date for filing Tax Audit reports and ITR to 30 November 2019
16.09.2019 The Chamber of Tax Consultants Extend due date to file income tax return and tax audit report
13.09.2019 All India Federation of Tax Practitioners Extend due date to file ITR & tax audit reports by one month
11.09.2019 All Gujarat Federation of Tax Consultants Extend Tax Audit and related ITR Filing Due Dates
19/08/2019 BCAS and 4 Others Representation on Income Tax and GST Issues faced by taxpayers
13/08/2019 Goods & Services Tax Practitioners Association of Maharashtra Extend GST, Income Tax and other due dates falling in Aug & Sep 2019
10/08/2019 Karnataka State Chartered Accountants Association Extend Due Date for Filing of Income Tax and GST Returns
18/07/2019 Tax Bar Association, Jodhpur Extend due date for filing of Income-tax returns to 30th Sept 2019

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92 Comments

  1. CA VIJAY AGGARWAL AMRITSAR says:

    EXTENSION OF TAX AUDIT DUE DATE FOR ASSTT YR 2019-20 IS MOST URGENTLY NEEDED BY CHARTERED ACCOUNTANTS WHO ARE ENGAGED IN THIS PROCESS. AUDIT EXERCISE NEEDS CAREFULNESS ON THE PART OF CA. CAREFULNESS CONSUMES TIME. TIME LEFT IS SHORT. HENCE DATE EXTENSION IS JUSTIFIED AND IS IN THE INTEREST OF NATION, PROFESSION AND BUSINESS PEOPLE. ULTIMATELY THIS WILL BE BENEFIT FOR OUR NATION. AND WE CAS CAN PROVE TO BE SINCERE PARTNER IN NATION BUILDING PROCESS. KINDLY DO EXTEND DATE OF TAX AUDIT FOR ASSTT YEAR 2019-20

  2. AVIJIT KUMAR SEN says:

    On behalves of Our Professional Friends and as a Senior Citizen of India , I am requesting to Hon’ble Finance Minister to kindly extend the date of filing Tax Audit Return upto 31/10/2019 . For this act of kindness, we will remain grateful . Regards CA AVIJIT KUMAR SEN

  3. SANJAY KUMAR VASWANI says:

    Respected F.M. Madam, as you know that 26th and 27th Sep.19 bank strike announced and 28th Sep.19 is 4th Saturday and 29th Sep.19 Sunday and 30th Sep.19 is bank half yearly closing and on other hand a lot of dealers and public suffered in last 15-20 days from flood due to heavy rain and it is not enough government has decided 20th sep.19 for gstr3b for aug.2019 so a dealer and professional is already irritating hence you are requested to understand problem of a dealers and professionals as our Respected Prime Ministar Says that his intention is grow to india not irritate to india. please extend tax audit date atleast 30 days

  4. kailas gavhane says:

    Please extend the audit due date till 30th Nov 2019, because the heavy work load of GST and many CA’s and Accountants & Tax consultants are suffering about GST and Tax Audits……..

  5. Shanti lal jain says:

    Please go through through the letter of various bar safe the tax payer from late fee due to various reasons as stated in the letters return could not filed please extend for all tax payer inclding tax audit

  6. Apparao Paliki says:

    Please extend the audit due date till 30th Nov 2019, because the heavy work load of GST and many CA’s and Tax consultants are suffering about GST and Tax Audits.

  7. ARUNKUMAR V. A, says:

    OUR PM SAYS SAB KA SATH SAB KA VIKAS. VIKAS DOES NOT MEAN ONLY MONETARY BENEFITS. GOOD HEALTH AND PEACE OF MIND TO THE INTELLECTUAL MIND IS WHAT IS MEANT BY OUR PM. AND IF THE PROFESSIONALS HAVE TO WORK UNDER STRESS THEIR HEALTH AND LIFE IS AT STAKE WHICH IS A GREAT LOSS TO A NATION. THIS IS NOT VIKAS. EVERY PROFESSIONAL AND ASSESSEE AFTER ALL IS A HUMAN BEING AND PART OF THIS NATION WHICH IS HEADING FOR BECOMING A DEVELOPED COUNTRY. DEVELOPMENT IS AGAIN NOT MONETARILY BUT WITH WHAT STATE OF MIND THE PEOPLE IN THE COUNTRY ARE WORKING AND LIVING.
    IN THE NEXT MONTH BESIDES THE USUAL COMPLIANCES OF GST, TDS, ETC ETC TAX AUDIT AND RETURN FILING FOR AUDITED ASSESSEES IS MOST TIME CONSUMING. BESIDES NAVRATRA, DASHERA AND DIWALI ARE THERE IN THE NEXT, ARE THE PROFESSIONAL NOT ENTITLED TO CELEBRATE THIS FESTIVALS WITH FAMILY AND FRIENDS OR ONLY WORK IN THE OFFICE TO MEET THE DEADLINES. THIS IS NOT THE INTENTION OF OUR PM WHO WANTS SAB KA VIKAS. VIKAS IS POSSIBLE ONLY IF THE MIND IS AT PEACE AND WITH FAMILY ON AUSPICIOUS FESTIVALS. MOREOVER THE RAINS HAVE DISRUPTED THE LIFE, SMALL PROFESSIONALS STAFF HAS FALLEN ILL, ALSO DEATHS HAVE BEEN REPORTED DUE TO DENGUE AND OTHER ILLNESSES WHICH HAS MADE PROFESSIONALS LIFE VERY STRESSFUL. SMALL TOWNS HAVE CURRENT ISSUES. INTERNET ISSUES WHICH IS BEYOND IMAGINATION . THEY CANNOT AFFORD MULTIPLE INTERNET CONNECTIONS AND POWER BACK UPS. ARE THEY NOT ENTITLED TO LIVE A PEACEFUL LIFE BY GIVING EXTENSION TILL 15-11-2019 SO THEY CAN CELEBRATE DASHERA AND DIWALI AND AT THE SAME TIME CONTRIBUTE TO THE WELFARE OF THE NATION BY PROPER AND ACCURATE COMPLIANCES OF THE STATUTORY REQUIREMENTS.
    END OF THE DAY THE BIGGEST ACHIEVEMENT OF A COUNTRY IS WHETHER THE COMMON MAN IS ENJOYING HIS LIFE OR ONLY BUSY EARNING AND COMPLIAING THE DEAD LINES WITHOUT LIVING THEIR LIFE TO THE FULLEST.

    HOPE GOOD THOUGHTS WILL PREVAIL AND ONE CAN UNDERSTAND THE INTENTIONS AND MOTIVES OF OUR PM AND HIS EXPECTATION IN THE WORDS SAB KA VIKAS.

    GOD BLESS ALL.

  8. HSV BABU says:

    I AM NOT UNDERSTANDING , IF THE DATE EXTENDED OR LITTLE RELAX GIVEN TO PROFESSIONALS BY FINANCE MINISTRY, WHAT THEY GOING TO LOOSE? IF THE TIME GIVEN SURE THE FILING CAN BE DONE WITHOUT TENSION, MISTAKES, AND WITH TALLYING ALL COMPLIANCE CORRECTLY . DUE TO MULTIPLE FILING WORK TENSION WE ARE LOSING OUR HEALTH.. WHY THIS GOVERNMENT NOT UNDERSTAND THIS? AND EVERY YEAR THIS TENSION GIVING TO US ? WHAT THEY GET? AFTER ALL ARE NOT WE ELIGIBLE TO AT LEAST TO REQUEST FOR EXTENSION OF LITTLE TIME?

  9. HSV BABU says:

    I AM NOT UNDERSTANDING , IF THE DATE EXTENDED OR LITTLE RELAX GIVEN TO PROFESSIONALS BY FINANCE MINISTRY, WHAT THEY GOING TO LOOSE? IF THE TIME GIVEN SURE THE FILING CAN BE DONE WITHOUT TENSION, MISTAKES, AND WITH TALLYING ALL COMPLIANCE CORRECTLY . DUE TO MULTIPLE FILING WORK TENSION WE ARE LOSING OUR HEALTH.. WHY THIS GOVERNMENT NOT UNDERSTAND THIS? AND EVERY YEAR THIS TENSION GIVING TO US ? WHAT THEY GET? AFTER ALL ARE NOT WE ELIGIBLE TO AT LEAST TO REQUEST FOR EXTENSION OF LITTLE TIME?

  10. sanjaykumar s jain says:

    Plz extend date of Tax Audit for FY2018-19 and declare as early as possible so we are work properly,client’s are give details at last movement So plz extend the due date for One Month ie 31.10.2019

  11. Hasham Makwani says:

    Dear sir very beautiful represention extension is needed very badly sir. Madam will consider all representation submitted various associations from different states. We request madam to announce the extension date today or tomorrow positively. We are working midnight clients are coming in last moment. Losing peace of mind. Please madam

  12. Azhar says:

    Dear sir very beautiful represention extension is needed very badly sir. Madam will consider all representation submitted various associations from different states. We request madam to announce the extension date today or tomorrow positively. We are working midnight clients are coming in last moment. Losing peace of mind. Please madam

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