It is learnt from one of the Central Council member of ICAI that While the representations for  extension  of due date for tax audit reports are going on but no positive response yet been given by the Ministry of Finance or CBDT.

It is further stated by him that revenue has taken the stand that since the problems faced by members are  with respect to uploading, therefore, only the date of uploading report may be extended and date of report may not get extended.

But we are yet to understand do CBDT want to extend only the due date for upload of  Tax Audit Report or ITR also. Further it seems ICAI not been able to represent or strongly represents the facts before the Ministry. As issue is not only the Difficulty in furnishing tax Audit Report but also the following :-

1. First Time Introduction of Online Tax Audit Report as well as other Audit Reports.

2. Late Release of ITR and then Frequent Revision.

3. Increased workload due to first time introduction of Online Tax Audit Utilities.Lets hope good sense prevails and Government Extend the due date for Filing of Tax Audit Report as well as ITR in audit cases  to address the problem faced by  lakhs of taxpayers and tax Professionals.Also Read :-

  1. Due Date for E-Filing of Tax Audit Report Should be Extended Immediately
  2. CBDT releases 11th version of Tax Audit utility – Sunn raha hai na tu
  3. E-Filing of Tax Audit Report – Needs immediate Date Extension

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0 responses to “Tax Audit Due Date Extension – Still a Mystery”

  1. CA S.K.Gaur says:

    Initiative must be taken by the President of ICAI to get the date extended till 31st OCT., as Members are facing difficulty in uploading the returns as well as Tax Audit Report. CBDT should appreciate it.

  2. Anil garg says:

    CBDT not increasing date as heard that Govt can not deffered tax collection ( self assessment tax ) for a month . But CBDT is not aware that they have to refund earlier if date not extended or have to pay interest . It also shows the financial position of our country

  3. Bond says:

    CBDT Wants to give credit to Narendra Modi. Modiji jara Awaaj do.

  4. TUSHAR says:

    karo ya maro that is the intension of CBDT all the best to all the CA’s lets us meet up there we will do the audit od swarg or narak

  5. CA Heramb says:

    CBDT KO SIRF PAISA PYARA HAI…INSANIYAT NAHI.. AUDTORS HEALTH KHARAB KRKE MAREY TO MAREY MAGAR HUMKO PAISA CHAHIYE…. INSAAN KO INSAAN KEE KIMAT NAHEE..KAYDEY KI KOEE AHMIYAT NAHEE..

    CBDT MEIN BAITHE INSANNO…DUA LO..BADDUA NAHEE..

  6. V K GUPTA says:

    No need to extend the date, if the assessee has provided the books in proper time and CA has done his work timely, the only thing is to validate the xml utility in new format.

  7. Niraj says:

    Adding salt to the injury the CBDT has notified the new tax audit report version on 23.09.13 version and expecting the members to file before the due date. The ICAI is not taking enough steps to make strong representation. The CBDT should hold responsible the designer of the software and not the members of ICAI

  8. Sai Sridhar G says:

    Not only on this point, the CBDT is unclear on what it is doing. They have created confusion on TRC and 15CA/15CB. They brought multiple circulars and notifications on the subject, still they have opened lot of confusion.
    R&D circulars – there is a confusion.

    CBDT is happy to lost its face with the above confusions in the international community, but not ready to listen our plea. Their behavior resembles Indian husbands (they may become fool outside but not before wife).

    They are only focusing on Revenue generation by harassing the Industry or business.

    Regards,
    CA SAI SRIDHAR

  9. ANAND JAIN says:

    DAILY CHANGES UP TO 24.9.2013 MIDNIGHT FIRST TIME ONLINE SYSTEM CHANGES SO THAT INCREASE DATE. MAA BHI MARTHI HAI TO CHHA ME GIRATHI HAI . CBDT DATE INCREASE KARO AAJ . NAHI TO KABHI NAHI . INCOME TAX SYSTEM FAIL THO DATE INCREASE . CA SYSTEM FAILS TILL DATE CAPCITY AUDIT IS OVER HEALTH IS POOR . ALL INDIA KI AWAZ SUNO CBDT

  10. S HARI KRISHNA says:

    CBDT PLAYING FOOTBALL WTIH AUDITORS ANY HOW HATS OFF TO CBDT

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