Extend Due Date of Filing Income Tax Return for AY 2023-24: Tax Advocates Association Gujarat

The Tax Advocates Association Gujarat(TAAG) has made representation before Hon’ble Finance Minister and CBDT Chairman to extend the due date for filing Income Tax Returns for AY 2023-24 from 31st July 2023 to 31st Aug, 2023.

Tax Advocates Association Gujarat is an Association of Tax Advocates / Consultants, who are registered and enrolled with The Bar Council of Gujarat and having its registered office Ahmedabad. It was established in the year 1975 and since inception, it has been our endeavor to keep our Advocate members and public at large abreast and updated about the chai1ges in various tax legislations.

Your honor would appreciate the fact that we work as the connecting link between the Tax Assesseses and the Tax Department. Tax Advocates Association Gujarat has been carrying on various activities like seminar, symposium, study circles and various Representations to Income Tax Authorities and/or  Goods & Services Tax Authorities for the benefit of the tax payers at large. Our Association is an Associated member of ‘The Gujarat Chamber of Commerce & Industries’- Ahmedabad.

With reference to the above captioned subject and considering the heavy Rain fall consistently disturbing and damaging the routine life and schedules of every individuals since last 15 days across the County and in the state of Gujarat;

It is humbly requested to consider the followings: –

1) The due date for filing of Income Tax return for A.Y. 2023-24 for taxpayer whose accounts are not audited is fast approaching i.e. 31/07/2023 and if the taxpayer fails to file Income Tax return on or before due date then late fees will be applicable as per taxable income of the assessee.

2) In view of the flood situation in many states across the country it is requested to extend the last date for filing of Income Tax return from 31/07/2023 to 31/08/2023.

3) Your Honor is very much aware that due to torrential rain there has been loss of life and property in many parts of country.

4) The vulnerable sections are mostly prone to these extreme events which lead to loss of life and property.

5) These extreme rain events have caused flash floods, cloudburst, urban flooding etc. and hampers the communication and transportation system. Life of all people are severely impacted.

6) We would like to highly to your good office, of which you must be aware that there is heavy rainfall in country which has caused disastrous situation of flood. Heavy rain and flood has severely impacted personal, working and professional life of all individuals, trade and industry, taxpayers and professionals as well.

7) Your Honor would understand that due to this situation of consistent heavy Rain fall, neither the taxpayer is able to communicate to professionals, nor professionals are able to communicate with taxpayer for their tax compliances. Businesses of taxpayers and professionals are badly da1naged due to rain and flood.

8) Your Honor would appreciate that particularly with regards to the Non Audited segment of tax payers who have to file their ITRs on or before 31st July, 2023, and considering the verification of Annual Information Reports which exhaustively provides the details of various transactions and incomes reflected on the portal, the taxpayers are findii1g it difficult to match and finalizii1g their Income statements due to non-availability of their accounting staff or else the tax consultants who get stuck with water blockage and disruption of their routine office work due to heavy and consistent Rain fall since last 15 days.

9) Your Honor must be aware that the mofussil’s of Gujarat particularly the regions of Saurastra have been badly damaged due to floods and non-connectivity of transport systems. This has paralyzed the taxpayers to easily approach their Tax Consultants for filing of their Income Tax Returns. It is very much understandable that such kind of remote area people would not have an easy access of email or other inter net facility to send their data to their respective Tax Consultants. In the sane manner the Tax Professionals practicing in these regions of mofussil would not be having an easy availability of staff persons who are stuck due to water blockage and disturbance of routine life due to heavy Rain fall.

10) This time around it has been observed that due to the accurate availability of the AIR’s data, the meticulous data preparation of a tax payer in order to meet with the true and correct filing of their Income Tax Returns would be of utmost important. Therefore, unless and until the assessee and the Tax Professio11al sit together for reconciling and finalizing the data, it would be hard to file a Return. The whole routine has been disturbed due to heavy Rain and badly affected transport systems.

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