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Taking cognisance of the outrage on social media on issues faced by taxpayers and tax professionals, the Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for filing of income tax returns (ITRs) to 15th March and various audit reports to 15 February 2022 for assessment year (AY)21-22.
Last week Sucheta Dalal reminded me on Twitter about my cover article for Moneylife magazine published long back when we had a different ruling party and different finance minister.
CA Bodies Urge Extension of Deadline to 31 March 2021 for Filing Income Tax, GST Returns and Other Audits Moneylife Digital Team 4 Several bodies representing chartered accountants (CAs) from across the country have requested finance minister (FM) Nirmala Sitharaman to extend the deadlines for filing returns for income-tax (I-T), goods and services tax (GST) and other audit forms in view of the hardships caused by the coronavirus (COVID-19) pandemic. The CA bodies have been requesting extension of deadlines from time to time. In the latest representation, they have requested the FM to...