Tax Audit & ITR due date extension requested by Tax Bar Association
Request for extension of Due Date of filing of Tax Audit and Income Tax Return for Assessment Year 2020-2021 due to COVID 19 Pandemic by Tax Bar Association
In this regard, team studycafe has also made a Tweet to respected Finance Minister. You are requested to Re-Tweet the same for better reach.
I request GOI to consider following agenda
a) Extending #GSTAmnesty Scheme
b) Extending Due Date of GSTR9/9C
c) Extending due date of Income Tax Audit for FY 19/20
d) Extension of due date of claiming ITC for FY 19/20@nsitharaman @IncomeTaxIndia @cbic_india @theicai
— studycafe (@castudycafe) October 14, 2020
Tax Bar Association
BHILWARA – 311 001 (RAJ.)
Date: 14th Oct. 2020
Smt. Nirmala Sitaraman,
Hon’ble Finance Minister,
Ministry of Finance, Government of India,
New Delhi 110 001
Subject: Request for extension of Due Date of filing of Tax Audit and Income Tax Return for Assessment Year 2020-2021 due to COVID 19 Pandemic.
The Tax Bar Association Bhilwara is organization of tax practitioners of Bhilwara having Advocates, Chartered Accountants and Tax practitioners with more than 200 members.
At the outset, we would like to convey our sincere thanks and gratitude to the Government for the way the pandemic has been efficiently tackled. Also to the Finance Ministry to provide extension of due dates of filing tax audit and income tax return filing upto 31 October 2020 and 30 November 2020 vide notification no. S.O. 2033(E) dated 24th June 2020 considering the COVID 19 conditions.
You goodself would also appreciate that the extension was granted in JUNE 2020 with a positive thought that the impact of pandemic COVID19 will subsidize by the end of the year. However, as you are aware, COVID 19 situations have not improved and there are still several areas under strict lockdowns and curfews. There are several cases being report on daily basis. Bhilwara has been receiving hundreds of cases on daily basis with more than 7000 cases reported. Due to COVID19, many businessmen, accountants and tax professionals have been under quarantine and have suffered from COVID 19.
Further, several industries and private offices have been working with limited staff. Due to this, the details required to carrying on tax audit and filing of the tax return of income are not being received promptly. Also travelling to the place of audit is very difficult for the professionals and their staff.
These bottlenecks are making it difficult for the assessee, the accounts and the tax professionals to comply even with the extended due dates.
In view of the above genuine difficulties being faced by tax payers and tax practitioners due to outbreak of COVID 19 pandemic, we would request you to further extend the due date of filing tax audit report to 28 February 2021 and Income tax return filing to 31 March at the earliest. The entire fraternity of tax payers and professionals will highly appreciate if this is done soon enough (i.e. well in advance).
We hope your honour shall take positive action to resolve the problems faced by the members. We look forward to your kind support and cooperation.
For: Tax Bar Association, Bhilwara
(CA Atul Somani)
(CA Amit Kumar Seth)
(CA Ankit Lakhotiya)
Cc: 1.Hon’ble Chairman CBDT, New Delhi
2.The CCIT, Udaipur
3.The JCIT, Range-2, Ajmer