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 |
thank u CBDT
Please extend date on favour of professional s
Modi government not bothered about people’s problems, specially Nirmala madam
Dear Finance Ministry ,I think FM Should play her actual role by standing with huge tax paying community and extend this immediately rather then delaying .After all Tax Payers are running the Economy…Then why so much Delay…….Should perform their role.
PLEASE EXTEND ITR RETURN DATE TILL 31.10.2019.
Respected Madam, please extension date,30/11/19, of return IT (Audit)
If u want to extend date of audit. Please declare before 10 to 15 days. So that liable person can relax. If u extend at the last moment? What benifit they will get?
Only lazy persons will get benifite of extended date.
Please Extend the date for ITR
Any update about extention
please extend date and if the date is going to be extended please announce it today so that professional get some relaxation . what is the use of declaring it on the last day?
dear sir,
which date of filling tax audit report & income tax return of FY.2018-19 in Maharashtra state
which date of tax audit & income tax filling of company for F.Y.2018-2019.
Plz extended tax audit date
SOME TIMES THIS MINISTRY BEHAVES A SMART DUMBNESS , ARE THEY NOT LISTENING CA AND PROFESSIONALS ASKING, REQUESTING, BEGGING AND EXPLAINING THEIR PRACTICLE PROBLEMS AND ASKING FOR A LITTLE RELIEF BY EXTENSION BY A MONTH .. I DONT WHAT THIS GOVT LOSE IF THEY EXTEND THE DATE. AT LEAST LET THEM EXTEND THE FILING DATE BY NOT ALLOWING ONE MONTH INTEREST FREE…WHAT KIND OF THIS BEHAVIOUR IGNORING OUR REQUEST EVEN AFTER KNOWING THE PRACTICLE PROBLEMS…ANY WAY JAI INDIA
plz tax audit date extended
dear friends plz send your requst on fmo@nic.in to fm of india urgent.
pls Extended Tax Audit 31.3.2019 date.
WHY CBDT NOT EXTENDING THE DATE OF INCOME TAX AUDIT REPORTS?
Respected Madam,
Kindly extend the date of tax audit so that we can celebrate mahalaya puja tension free.
EXTEND DUE DATE AND ANNOUNCE TODAY
Please extend TAR to 30th Nov, 2019 as it is urgently needed
Please extend the date to 15/11/2019 as overrush due to Gst work company law and coming Bank strike or close of 5 working days in banking leads to stressed life of Professionals.
Government don’t care about us.
please extend date
Please extended tax audit date for one month
PLEASE CONSIDER OUR REQUEST AND EXTEND DATE
Yes the due date for filling audit return must be extended for minimum one month
PLEASE EXTENDED DATE AS PER VERY NEEDFUL
In case anything happens to any of our professional colleague, sole responsibility will on our PM, FM and CBDT. It will have no meaning left if the date is extended on 29th or 30th. It should be announced by today or tomorrow.
Respected Hon FM and CBDT members as a senior citizen practicing please extend time till to file TAR to 31 October 2019
Dear Mam
Please extend date…tnx