Kanpur Income Tax Bar Association (KITBA) has made a representation to CBDT Chairman for extending the period for filing return for Assessment Year 2017-18 under Section 139(4) of Income Tax Act, 1961 to 31.7.2018. Text of the Representation is as follows:-

KANPUR INCOME TAX BAR ASSOCIATION

First floor Aayakar Bhawan, Civil Lines, Kanpur – 208 001

Date :09.04.2018

The

Hon’ble Chairman,
Central Board of Direct Taxes,
New Delhi.

Sub: Representation for extending the period for filing return for Assessment Year 2017-18 under Section 139(4) of Income Tax Act, 1961.

Respected Sir,

The undersigned as President of KITBA begs pardon to submit the following for your kind consideration and sympathetic orders:-

(1) As per provisions contained under sub-section (4) of Section 139 of Income Tax Act, 1961, an assessee was allowed to file his belated return of income before the expiry of one year from the end of relevant assessment year or before the completion of assessment, whichever is earlier. Therefore, for assessment year 2016-17. The assessee was allowed to file return under Section 139(4) till 31.3.2018.

(2) By Finance Act, 2016, with effect from 1.4.2017 i.e. assessment year 2017-18, the provisions of sub-section (4) were amended and now for assessment year 2017­-18 and onwards, the assessee is allowed to file his return of Income at any time before the end of relevant assessment year or before the completion of assessment, whichever Is earlier, i.e. after 31.3.2018, an assessee is not allowed to file return under Section 139(4) for A.Y. 2017-18.

(3) Sir, this amendment is made for the first time, which has curtailed one year time for filing of belated return under Section 139(4). Although the provision was widely publicised by Hon’ble CBDT, but even then there are thousands of cases, where due to lack of awareness or some other reason, the assessees could not file return of assessment year 2017-18 till 31.3.2018.

(4) As per provisions contained under Section 119(2)(a), Hon’ble Board is fully authorized to grant extension of time for filing return of income, the date prescribed under Section 139 for the purpose of proper and efficient management of work of assessment and collection of revenue.

PRAYER

In view of facts and circumstances narrated above, Hon’ble Board is humbly requested kindly to pass order under Section 119(2)(a) allowing the assessee to file return of income for Assessment Year 2017-18 under Section 139(4) till 31.7.2018. It will not only be in the interest of revenue, as huge amount of tax will be collected, but also be a strong tax payers friendly step, in furtherance of Income Tax Department’s well publicised and propagated Historical programme OUT-REACH, started during last year, if the assessees are allowed to file the return, as requested.

Submitted for kind consideration.

Thanking you,

Yours faithfully.

ATUL MEHROTRA
President
Kanpur Income Tax Bar Association.

Income Tax Return Filing by Individuals for A.Y 2018-19

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Whatsapp

taxguru on whatsapp WHATSAPP GROUP LINK

Join Taxguru Group on Telegram

taxguru on telegram TELEGRAM GROUP LINK

More Under Income Tax

22 Comments

  1. GRA says:

    The KITPA has taken a bold step and it has to be supported by all trade and other Associations . The NDA Government , which is being ” RUN ” by inept bureaucrats had taken such a step which is neither taxpayer friendly nor revenue generating for the government . The ASST, yr. 17-18 returns were pending due to large scale filing of GST returns and penal provisions ! Just not allowing to file these returns the government would loose not less than Rs. 15, 000 thousand crores and allows large scale corruption in IT department , under this government ! Let sane voice prevail ! The ailing finance ministry should take a rational step in this regard . The Congress government was much rational when these type of decision makings !

  2. GIRISH NAIK T says:

    Good. good step taken by KITBA.
    KITBA Has been taking concern by Assesses, as well as Nation Revenue.
    I Too with KITBA.
    Great Job.

  3. Abhijit Chowdhury says:

    It a appreciable step. Other Tax Bar association should make this type of representation as CBDT may grant huge huge number of assessees’ problem.

  4. R.RAVKUMAR says:

    It is a very good step taken by the KITBA towards Interest of Assessees and government revenue point o view. we support them to reach their goal

  5. N Pandian says:

    Very good Effort. Hope and pray the CBDT and our beloved and respected PM for favourable orders since many people not fully aware of the implications of the amendment.

  6. ANIL RAICHURA says:

    Yes Such representation should be given by ALL Associations all over India and All the Bars and Professional Circles should put the demand for the extension then CBDT must have to think for it and extend the date and also for the current year too and it will be A very good step towards interest of assesses and revenue.

  7. Ashfaq says:

    It will be beneficial to both, Government can have revenue and assessee will have tax compliance.Since many of the assessee’s who are going for loans or passport matters are facing the problems

  8. CA Mukesh says:

    A very good step towards interest of assesses and revenue.

    Lack of knowledge besides well planned.

    All BAR Association raised the same.

  9. VIKRANT BHARDWAJ says:

    its very good steps taken by the KITBA as we are seeming doll in eyes if CBDT there is huge rush at the end of the financial year and all the other statutory dates are in same like GST, CBDT etc.

  10. Radheyraman Dwivedi says:

    All the Bars and Professional Circles should put the demand for the extension then CBDT must have to think for it and extend the date and also for the current year too.

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Posts by Date

December 2021
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031