Central Gujarat Chamber of Tax Consultants has submitted a letter to Hon’ Finance Minister of India on 19th July 2018 requesting Extension of Due Date in respect of filing ITR by to 2 Months i.e. 30.09.2018 and 30.11.2018 respectively. Earlier a letter was also written by Karnataka State Chartered Accountants Association to Extend Income Tax Return due date & Relax application of Section 234F. Extract of Letter is as follows:-
Shri Arun Jaitley
Hon’ Finance Minister of India
Sub. : Extension of Due Date in respect of filing ITR
First and foremost we would like to introduce ourselves as Central Gujarat Chamber of Tax Consultants (CGCTC) – A Tax Professional body having 300 members. The membership is comprising of Advocates, Chartered Accountants, Tax Professionals and Corporate Entities from Central Gujarat i.e. Vadodara, Anand, Nadiad, Bharuch, Narmada, Godhra, Dahod, Kheda etc.
Sir, your office is well aware that Due date for filing ITR for A.Y. 2018-19 in respect of Audited entities as well as working partners is 30.09.2018 and for Assesses other than mentioned above is 31.07.2018.
From the current Assessment Year non filing of ITR before due date will invite late fee u/s. 234F of Rs. 1,000/5,000/10,000 as the case may be.
Sir, In the interest of Assesses as large as well as of Tax Professionals, we seek extension of due date for 2 Months i.e. 30.09.2018 and 30.11.2018 respectively on following difficulties.
In the above mentioned circumstances Tax payers and Professionals are not only finding difficult but seems impossible to meet due date for filing ITRs by all Assessees and which has led to tremendous stress amongst Taxpaying communities in the country.
Therefore your office is requested to kindly extend due date for 2 Months i.e. 30.09.2018 and 30.11.2018 respectively.
Without prejudice to what is stated above your office is requested to defer late fee for two months.
For your kind action the Chamber may remain obliged.
Kinjal K Shah
– Shri Piyush Goel, Addnl. Charge, Hon’ Finance Minister
– Shri Hasmukh Adhia, Revenue Secretary
– Shri Sushil Chandra, Chairman, CBDT
– The Chief Commissioner of Income Tax, Ahmedabad.
1. Association of Tax Practitioners, Chartered Accountants and Advocates, Aurangabad – Extend Due Date of ITR for AY 2018-19
2. Karnataka State Chartered Accountants Association-Extend Income Tax Return due date & Relax application of Section 234F