Tax Bar Association, Guwahati has made a Request for Extension of Due Dates for furnishing of Tax Audit Report & Income Tax Return for Assessment Year 2020-21 to Smt. Nirmala Sitharaman, Hon. Finance Minister of India. Request is been made to extend the due dates of furnishing of Tax Audit Report U/s 44AB to 28th February, 2021 and Income Tax Return due date to 31st March, 2021 for all type of assessees.
Tax Bar Association
(Registered under the Societies Registration Act, 1860)
Sreeram Market, 2nd Floor
Chatribari, Guwahati 781001 (Assam)
Email: taxbarghy1977@gmail.com
Dtd. 19th December, 2020
To
Smt. Nirmala Sitharaman
Hon. Finance Minister of India
New Delhi – 110001
Respected Madam,
Subject: Request for Extension of Due Dates for furnishing of Tax Audit Report & Income Tax Return for Assessment Year 2020-21.
Established in the year 1977, Tax Bar Association, Guwahati is working dedicatedly and continuously for the benefits of the Professionals, Trade & Industry by way of imparting knowledgeable seminars & webinars by various experts in Industry. Today we have more than 450 professionals & tax practitioners associated with us from all over North-East India.
We believe in taking all the requisite steps and actions to ensure smooth & complete tax and other statutory compliances by the stakeholders. We always believe in helping professionals in resolving genuine grievances & effective implementation of law.
We wish to bring to your kind notice the following problems being faced by taxpayers/tax professionals due to the ongoing COVID-19 pandemic and the resultant need to further extend the various due dates under the Income-tax Act, 1961 for A.Y. 2020-21.
We appreciate the efforts of the Government for the manner in which this pandemic has been tackled and country is saved from community transmission phase of pandemic. We also appreciate the extension provided for Audit Report furnishing & income tax return filing of non audit cases upto 31st December, 2020. The whole world has witnessed and is currently witnessing nightmare of COVID-19 pandemic. Due to COVID-19 Pandemic, Govt. had imposed PAN India lockdown from 22nd March, 2020. Although country has been unlocked gradually but the severity & fear of this Corona Virus is not yet reduced. Presently country is passing through 6th phase of unlock but still there are many restrictions on free inter – state movement to a certain extent, time to time night curfew imposed in many states has hampered intra state movement also.
Due to fear of getting infected, people are hesitant to travel & preferring work from home, many people who went to their native place during lockdown have not returned back to join their duties / offices due to non availability of hostels, mess facility near to their work place, covid fear, etc. Due to this restriction of movement, several industries and private offices are still not able to resume functioning to their full capacity and are still struggling to function at a certain level of normalcy. This also includes the offices of the Chartered Accountants and Tax Practitioners.
Most of the offices are forced to operate with reduced number of staff due to corona related health issues. Access to client data is not available easily. The details required for completing audits and carrying on tax audit and filing the return of income are not being received promptly and thus completion of audit efficiently is taking more than twice the average time it usually takes for completion of any audit. Further, data verification, analysis, audits etc requires more time and efforts by the professionals.
To conduct the audit efficiently & effectively, Auditor needs to travel to the place of auditee which is very difficult in this pandemic time and exposes them to the risk of contracting this deadly covid virus. Further, the senior citizens including senior professionals and senior assessee are advised to stay at home only. Several Chartered Accountants, Tax Practitioners and there staff have been infected and have not been able to work for minimum of 14 days.
These limitations & restrictions are making it very difficult for the assessee, the Chartered Accountants and the Tax Practitioners to comply with the present extended due dates. We have been approached by many members expressing their concerns at the difficulties being faced because of the COVID-19 pandemic. Most professionals and their client tax payers are of the view that it is impossible to meet with the various deadlines for income-tax compliances as their focus right now is on getting their operations on track.
The due dates for filing Income Tax Returns and Tax Audit Reports for A.Y. 2020-21 have been extended to 31st January, 2021 and 31st December, 2020 respectively. For income-tax assessees who are not subject to any audit, the due date for filing the income-tax return for A.Y. 2020-21 stands extended to 31st December, 2020. During the month of December, there are much other compliance to be made like, payment of Advance tax, filing of relevant GST returns, GST Annual Returns over & above audit & tax returns. These are indeed unusual times and hence it is impossible to file all the required reports and returns within the present due date of 31st December, 2020 which seemed reasonable at one point of time.
In view of above genuine hardships & difficulties being faced by the Professionals as well as by the Trade and Industry, we are requesting you to extend the due dates of furnishing of Tax Audit Report U/s 44AB to 28th February, 2021 and Income Tax Return due date to 31st March, 2021 for all type of assessees.
We will be highly obliged and appreciate if a timely and prompt decision (well before the present extended date) is taken in this matter.
We look forward for your kind consideration to our genuine request.
For Tax Bar Association | |
Gopal Singhania President Ph : 93650-09126; 98640-95646 |
CA. Somesh Bose Direct Tax Committee Chairman Ph : 94351-11678 |
Copy to :
1) Prime Minister’s Office, New Delhi
2) Hon’ble Minister of State for Finance, Govt. of India, New Delhi
3) The Revenue Secretary, Govt. of India, New Delhi
4) The Dept. of Revenue, Ministry of Finance, Govt. of India, New Delhi
5) The Chairman and members, CBDT
Also Read:-
Respected Medm,
Humbaly Requesst Medam Pl Extend Due Date for All Complance. must be, request Medam, very penic full this time, So So Relectation, in Mentaly
Madam pl extend the due to itrs.
Madam pl extend the due to itrs
Madam please extend the due date ITRs file.
Mam, Please extend date at least for one month as we business persons face hardest time of life this year and don’t extend this for us.
Please extended fy tax audit & Itr filed date 31-03-2021
please madam, india never faced such situation happened like this year. please. extend the due dates of TAR
Respected Madam,
Please extended due date for filing of Income tax and GSTR 9, all we are fighting with covid19 madam, please madam
thanking you madam
TAX CONSULTANT
P SRINIVASA RAO
VISAKHAPATNAM
PLEASE EXTEND THE DUE DATE OF TAR AND ITR FOR TWO MONTH
Please extended fy tax audit & Itr filed date 31-03-2021
It is Very Necessary to Extend the Due Date for Tax Audit as Night Curfew if is going on in Small Cities also.
respected hon finance minister plz extend due date 31st march 2021
Plz Madam extended due date to 31.03.2021
PLZ THE EXTEND DUE DATE FOR TAX AUDIT
HAVEY STRESS IN ANY PERSON MIND PLZ
HON’ABLE MADAM
KINDLY EXTEND THE DATE OF IT RETURN FILLING OF AY 201920
please medam
tax audit date extened pls
Respected madam, Due to prevailing condition all are undergoing, it is prayed that the return of income of filing for non-tax audit case be extended upto 31/01/2021 and tax audit cases upto 28/02/2021. My simple suggestion is almost taxes have been collected in advance for the year ending 31-3-2020, may be 15 to 20% further tax may be required to be collected, relaxation will also increase the value of government. Requested to extend accordingly. With sincere thanks
DEAR MEDAM
PLEASE EXTENT THE INCOME TAX FILLING DUE DATE FOR ALL ASSESSES TILL 31.3.2021 DUE TO COVID 19
THANKIN YOU
PLEASE MADAM EXTEND DUE DATE FOR AUDIT
Respected Madam,
Please extend the due date for tax audit u/s 44AB though we are facing a lot of problem one of them is COVID-19 etc.
IT RETURN FILING DATE MUST BE EXTENDED TO 31.03.2021
PLEASE EXTEND DUE DATE PLEASE PLEASE
Respected Madam,
Kindly Extend the Due date For Filing Income Tax for Companies, Business, Individuals Upto to March 2021.
Respected madam
Please extend date of ITR and AUDIT , we are believe that government need sabka saath sabka vikas we are ( tax consultant , business men ) also in this slogan.
please extend the same.
Regards
Pls Pls extened due date pls.
PLEASE EXTEND DUE DATE ASAP
Government Kya Chahti Hai , Ki Sabhi Logo ko Covid ho jaye tab Date Badaynge.
PL EXTEND DUE DATE YESTERDAY 3 C A HEART ATTACK IN WORKING
PL EXTEND DUE DATE
RESPECTED MADAM
PLEASE EXTENED DUE DATE
OUR POSSISION IS BAD. BECAUSE DUE DATE MADE MANY PRESSURE IN OUR MIND & BODY
VERY STRESS.
Respected madam, kindly extend the audit date and income tax return date we are suffering from covid we have no money for better treatment we have more pressure now if u extend date now we feel few relax now. Its a socialism sablog ye samajh rahe hain sarkar tax se jyada fine par concentrate hai ye public ke lia galat ho raha hai isse pahle itna fine logon ne kabhi nahi diya ye bhi kabhi farmers ke tarah hi samne ayega business class bhi bahut annoyed hai in tarah ke rules se
Plz.Plz. extend the due date for tax audit .
Nice
yes sir plz extended due date plz plz plz