25th October 2018, Gauhati HC Judgement & CBDT view on Tax Audit Report & Return filing date Extension !

25th October 2018, Gauhati HC Judgement & CBDT view on Tax Audit Report & Return filing date Extension !

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TAR & ITR due date extension expected again
Gauhati High Court heard the writ petition filed by tax bar association, Gauhati and instructed CBDT to consider the representation filed by TBA for extension of due date upto 31st Jan, 2019 and dispose off the representation filed by TBA to that effect on or before 25th Oct, 2018 by way of a speaking order.
The court has also elaborately discussed the problems to be faced by the assesses and accountants in case the date is not extended as requested vide the said representation.
The Court has also given liberty to the petitioner to file a petition again if the disposal of representation of TBA for extension of date till 31.01.2019 by CBDT is not proper and reasonable.
Adv. Medha Lila Gope, Guwahati has appeared on  behalf of the Tax Bar Association.
Now, everyone is curious whether the date will be extended.
It’s a suspense going on since last 10 days.
It is learnt that the CBDT is not in favor of date extension but Gauhati HC judgment and instructions is a matter of concern for all at the top.
Since Court has asked to consider it by passing a speaking order, it is expected that CBDT will clarify its intent today, 25th October.
Let’s hold on the breath for the notification by CBDT today.

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