NO REPRESENTATION FOR INCOME TAX RETURNS DUE DATE EXTENSION: WELL JUSTIFIED MOVE BY DTC OF ICAI:
DTC of ICAI is not in favour of making representation for extension of any due date. It will be appreciated that such a step is counter productive for professional interests for the reasons:
1. With extended due date, efforts and expenses increase, fees do not increase ans as a consequence contrrbution reduces.
2. Time for continuing education and knowledge updating and even for leasure refuced causing long term adverse consequences.
3. CAs are not required to pay cost of delay and taxpayer who are subjected to costs, their associations do not represent. Authority questions this aspect when DTC represents.
Therefore, please enlighten taxpayers to provide data in time to avoid unpleasant consequences.
If there are issues with IT Department system or late rekease of form, schema this is pointed out by DTC to CBDT. Taxpayer and Industry associations should represent these issues with the government. DTC can support in drafting representations.
Moreover, for such issues CBDT should extend due date on its own.
Please take care to discharge assignments delligently, take due representation from assessee for income computation and nandate to upload ITR. Please do not carry any pressure, work with pleasure which will lead to prosperity.
*CA Chandrashekhar Chitale*
*Chairman, DTC of ICAI*