ICAI request FM to consider further extension(s) of various due dates under Income-tax Act, 1961 especially Tax Audit Reports (TAR) and related returns and Income Tax Return (ITR) Forms  for AY 2020-21. text of their representation is as follows:-

ICAI/DTC/2020-21/Rep-31

To
Chairman,
Central Board of Direct Taxes, Ministry of Finance,
Government of India,
North Block,
New Delhi-110 001.

  Dated: 6th January 2021

Sir,

Re: Request to consider further extension(s) of various due dates under Income-tax Act, 1961 especially Tax Audit Reports and related returns and Income Tax Return Forms for AY 2020­21

We refer to our earlier representation (ICAI/DTC/2020-21/Rep – 26 dated 13.12.2020) submitted to your good office detailing therein issues/concerns being faced by taxpayers/members due to ongoing COVID19 pandemic and the resultant need to further extend the due dates of filing ITR Forms and Tax Audit report and other related returns/reports for AY 2020-21. Considering the problems being faced by the taxpayers, government has provided further time to the taxpayers for furnishing of Income Tax Returns, tax audit reports etc. vide Notification No. 93/2020 dated 31.12.2020. We duly appreciate the same. However, we wish to inform that the said extended time of 10 days for furnishing of ITR Form for AY 2020-21 for certain specified assessees and 15 days for furnishing of tax audit reports and related returns is not at all sufficient.

Issues & Concerns – Case for further extension of due dates of ITR and TAR filing

You may well appreciate that this year is an exceptional year due to Covid-19 pandemic. Further, despite recent approval by concerned regulatory authorities of vaccines for emergency use to cure this dreaded disease, it is still not good enough and risk in general is not yet over. United Kingdom has just imposed a 6-week lockdown as a mutated and already several positive cases of people in India of the said UK Covid virus has been reported.

Being unprecedented circumstances due to Covid-19 and an exceptional year, the inconvenience caused to the taxpayers in particular is immeasurable. Several hardships and difficulties, both operational and financial, are still being faced making it difficult for both taxpayers and professionals to meet the extended deadline of furnishing of ITR Forms and TAR for AY 2020-21 within a week or so from now. The extension of 10-15 days does not appear to be a really very supportive stance to deal with such a large-scale pandemic situation.

Last but not the least, we cannot forget the apathy being faced by the taxpayers and professionals of North India, especially the people of NCR of Delhi due to on-going agitation by farmers (Kissan Andolan) for last nearly 40 days. You may also consider the situation from the point of view of senior tax professionals and assessees above the age of 65 years, who are more prone to the deadly diseases.

Also, it may not be out of place to mention that the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020 had extended the due dates for delivering Statements of TDS and TCS of 1st and 2nd quarters of FY 2020-21 to 31.03.2021, however, the due date for 3rd quarter of FY 2020-21 remains 15.01.2021 for TCS and 31.01.2021 for TDS under the law, which has not been extended. These dates also need to be extended to 31.03.2021 for harmonious compliances in this regard.

Suggestion(s):

In the interest of the Nation as a whole, it is once again humbly requested that the due dates u/s 139(1) of the Income-tax Act, 1961 for furnishing return of income as well as the specified date u/s 44AB of the Act for furnishing tax audit report and related returns for AY 2020-21 be further suitably extended to say 31.03.2021 considering the fact that current extension of 10/15 days is not at all sufficient. Further, all the other due dates of compliances under Income-tax Act, 1961 (TDS/TCS/Section 11(1A)/54/54F/Advance tax payments etc.) be also suitably extended to say 31.03.2021 to enable assessees to meet such deadlines without incurring any other extra cost.

Also, the due date for 3rd quarter of FY 2020-21 is 15.01.2021 for TCS returns and 31.01.2021 for TDS returns which may also be extended to 31.03.2021.

We hope that our suggestions would be favourably considered. We would be happy to deliberate on the matter albeit virtually, if considered necessary by your good office.

With Warm Regards

CA Tarun Jamnadas Ghia Chairman,
Direct Taxes Committee
The Institute of Chartered Accountants of India

Download ICAI Representation on Extension of Due Dates

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
49 06 Jan 2021 Chartered Accountants Association, Surat.
50 06 Jan 2021 ICAI ICAI request for further extension of TAR/ITR due dates

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14 Comments

  1. DAXESH NATVAR says:

    the govt wants every citizens of indian should follow their laws and policy any how. they just imposed policy without any knowledge of ground reality.from next year govt / cbdt should issue all ITRs on or before 1st april.

  2. ALAGUSUNDARAM R says:

    The last two days – 9/1 is bank closed day (second Saturday) & 10/1 is Sunday. 1/1 was a new year day. 3/1 was sunday. So practically it is just six days.
    Earnest request to the IT department that please cooperate with the honest tax payers who are asking for time for paying the tax & not asking for any relief in the tax.
    Please extend time up to end of this month 31st January 2021. Because, Sankaranthi, Pongal Holidays also coming in this month. We hope that our suggestions would be favaourably considered by your honour.

  3. Chandresh Paghadal says:

    madam, institute requested mam for request, please that first time this much representation for extension please extension is needed very much mam. Police problem they are warning us to close by 10.pm, not possible to work full night. please extend the date, mam taxes already came from tds and advance tax mam. Please consider our request

  4. Manish kr.sinha says:

    It seems our FM cannot our sound , now this time all are annoyed from modi government, beacause we feel badly ,they cant understand this panic situation , heartless government, who drink always our blood and fine, next time we dont want to support this government and against him all business class will take action, goverment collect money from public in wrong way , he charged everywhere fine , this is too dirty plicy .

  5. MdAnwer says:

    Kindly request to extend due dates due to many known reasons. Some banks are unable to provide details due to there merging with other banks.
    Many of the clients and professionals are still fully not recovered.
    A sincere request

  6. azhar says:

    madam, institute requested mam for request, please that first time this much representation for extension please extension is needed very much mam. Police problem they are warning us to close by 10.pm, not possible to work full night. please extend the date, mam taxes already came from tds and advance tax mam. Please consider our request

  7. Bhavesh Thakker says:

    Respected FM MADAM AND officials

    A humble request to please extend the due dates from 10th Jan to 31st March. This will really be appreciated and also give more relaxation. Looking to the current scenario it must be considered in favor of Tax payers
    Hope you will extend and give some good news latest by tomorrow
    Regards
    Bhavesh Thakker

  8. t p ramanujam says:

    We request the Hon’ble Finance Minister to pursue the difficulties faced by the tax payers and this is an year difficulties financially and health wise not only one part of the globe and has shaken everyone . We request the FM to think the practicalities and ground realities. we are not asking any cuts in the tax and reliefs , only extension of time to enable everyone to file the returns in time . We request sincerly to extend the deadline till 31.03.2021 for every type of assessee.

  9. dilip zaveri says:

    It is almost not possible to complete the preperation In 10??? day’s extension. The last two days – 9/1 is bank closed day (second Saturday) & 10/1 is Sunday. 1/1 was a new year day. So practically it is just seven days.
    Earnest request to the IT department that please cooperate with the honest tax payers who are asking for time for paying the tax & not asking for any relief in the tax.

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