Extend Due Dates for filing TAR & ITR for AY 2020-21

Four important Tax Bar Associations have given representation for Extension of the due date for Income Tax Return [ITR] & Tax Audit Return [TAR] for FY 2019-20 and AY 2020-21. The Organizations are All Gujrat Federation of Tax Consultants, Income Tax Bar Association, Chartered Accountants Association and Tax Practitioners Association, Indore.

As of Now the Due dates for filing TAR & ITR are as follows:

31st December 2020 for filing TAR
31st December 2020 for Filing ITR for Non-Audit cases.
31st January 2020 for Filing ITR for Audit cases.

The Organizations have requested to further extend due dates for filing TAR and ITR to 31st March 2020.

The Representation as follows:

TAX PRACTITIONERS’ ASSOCIATION

To,
Smt. Nirmala Sitharaman,
Ministry of Finance,
North Block, New Delhi 1100001

Hon’ble Madam,

Sub: Request for Extension of Due Dates for filing Tax Audit, Audit Reports under Income Tax Act and ITR for Assessment Year 2020-21.

Tax Practitioners Association (TPA), Indore having Advocates, CAs, CS and Tax Practitioners as its members with over 550 members. The TPA reqularly takes up initiatives to act as a bridge between stakeholders and concerned regulatory bodies in order to convey and help in resolving genuine grievances or effectively implement the laws.

Today, we have come forward with a request of extending a due dates of Tax Audit, Transfer Pricing Audit, various other Audit Reports under Income Tax Act and Income Tax Return filing for AY 2020-21.

Apart from others, this request is based on following major reasons being :

The Covid-19 Pandemic, Night Curfew and its effect on professional work :

1. At the outset, we appreciate the earlier extension provided for tax audit and income tax return filing up to December 31, 2020 due to continuing pandemic of Covid-19. The spread and severity of the Corona virus has not been reduced and instead it is rising each day, Night Curfew continue, Restriction on Keeping offices open etc. impacting adversely in conducting audit and preparing tax returns. Commuting via public buses/trains and/or other public transport is restricted and not fully operational.

Due to this, several industries and private offices have still not resumed functioning at all. This also includes the offices of the Tax Advocates, CA’s, Tax Practitioners etc, resulting the details required for carrying on tax audit and filing the return of income are not being received promptly and thus the audits cannot be efficiently performed. Further also travelling to the place of audit is very difficult for the professionals and their staff.

Tax Audit, ITR Extension FY 19-20, GST Annual Return, GST Audit FY 2018-19 Due Date Extension Update