Plea to extend date for I-T return filing
All India Federation of Tax Petitioners (AIFTP) has urged the Central Board of Direct Taxes for extension of income tax return filing date this year. It pointed out that the due date on September 30 is a Sunday.
AIFTP said CBDT should issue a clarification as it did in 1992. The half-yearly bank holiday on September 29 also created further problems in payment of taxes, AIFTP said in a release. There are other problems too such as unfamiliarity with introduction of a new Schedule (VI) to the Companies Act and delay in getting digital signature.
“The Chartered Accountants are taking more than the usual time in auditing the accounts owing to introduction of the Schedule that requires the accounts to be prepared in a new format”, the tax professionals’ body said. “In many cases where the digital signature is a must, and the validity of such signature has expired or if it is a new return, the authorised dealers are taking considerable time of 2 to 3 days in making allotment of digital signature,” said AIFTP.
It also mentioned that tax payers in flood affected States are facing problems in filing returns.
CASANSAAR Team has also send the letter to CBDT for Plea to extend the date for atleast one week.
Category : Income Tax | Comments : 0 | Hits : 1040
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