Deep Shah
1.3K posts
@Deep_Shah_1
One Day I Really Want to Say - I MADE IT.
No news of extension... While whole world is planning to celebrate new year, professionals are working hard to complete the pendency. Trying their luck on non working portals, doing guess work on a illogical form and searching for reasons to revise the ITR already filed.
Sirji @cbic_india , that table 12 of GSTR 9C needs a re-look. Table 6A of GSTR 9 which has been newly inserted in FY 2024-25 form also impacts Table 12 of 9C. Table 7J of GSTr 9 is without Table 6A of GSTr 9 but Table 12D is including the 6A of GSTr9.( Previous year ITC reported in current year). There is reconciliation item in Table 12F creating tensions. FAQ's of GSTn are not helping much. @narendramodi @narendramodi_in @nsitharaman @Infosys_GSTN
In earlier times, I have seen a very good relationship between @IncomeTaxIndia, or say #CBDT, and tax professionals. They respected each other and understood each other's concerns. Today, decision-making power is centralized, and professionals are not getting opportunities to voice their genuine concerns, though both are committed to serving taxpayers and country. Unfortunately, a line is drawn by the department, voices are not even listened to, and even the board #CBDT and @theicai (ICAI) decide to suppress members' voices by issuing disciplinary notices ; they are not addressing general concerns. Humble request to honourable FM @nsitharaman @FinMinIndia and @theicai president @CACSNanda to kindly make efforts to bring harmony in relations for the betterment of serving our taxpayers and this beautiful country India 🇮🇳.
Big Tax Breaking: Today Hon Gujarat High Court directed CBDT to also extend due date of Filing Income tax returns of taxpayers whose accounts are required to be audited to 30th November 2025 pointing out interlinking of section 139 (1) and 44AB. The Hon High court also issued notice to CBDT asking why due date of Income tax return was not extended suo motto as per act when it extended the same for #Taxaudits sighting both the above sections. ?
Rajasthan and Karnataka High court have directed CBDT to extend #Taxaudit due date, also directs to keep #Incometaxportal glitch free which they will review later in a month. Today CBDT said in Delhi High court that they are studying the orders and will take final decision by end of day There are some posts which updated that Department is going to file a SLP in #Supremecourt against the decisions. But, I feel #Incometax department will not approach #Supremecourt Reasons: 1) High court directions are very loud and clear that there are problems in the portal, and if not resolved and date not extended, hundreds of writs will be filed across court. In 2015, CBDT adhered to directions and extended due dates. 2) Over 100 plus Representations from Chambers of commerce, Udyog bharti, MSME federation , taxpayers organisations, tax professional associations, ICAI , MPs and other organisations have been submitted in last 2 months regarding various glitches on portals have been submitted to PMO, FM, CBDT. 3) CBDT themselves have agreed that there are structural chances in Returns and forms, and development of utilities will take time and suomotto extended due date on 27th May 2025 for filing of NON Audit ITRs however that time did not extended the due date of filing Tax audit forms thereby giving only 15 days of time for taxpayers and tax professionals to comply unthoughtful deadline. 4) ICAI has already submitted screenshots of the glitches faced to CBDT , Over 1200 glitches were reported in just span of 3 days to ICAI from CAs across country. 5) There is NO REVENUE LOSS to govt even if they extend due date of filing tax audit report. 6) This year , the various glitches on the #Incometax portal , there is a degrowth of 2.73 % in number of ITRs filed till 15th september compared to last year till (when due date was not extended and portal was working very fine). This year in the last 4 days, there is reduction in number of ITRs filed daily as portal was out of order most of the times and was giving various glitches. Income tax department even blocked third party softwares to reduce the load on the portal which incrsaed the work load further. in 2022, peak ITRs filed on a day were 72.42 Lakhs which was a record, last year also 70 lakh ITRs were filed on due date of 31st July 2024. This clearly suggest that #CBDT could not provide glitch free portal to users. These all points are already submitted to various high courts and they have taken cognisance of the same. Hence even if CBDT approaches Supreme court, it will be very difficult for it to prove otherwise. Hence i am of the opinion that CBDT will avoid going to SC , and even if they do, then Supreme court will direct them to be a facilitator and good administrator rather than creating unnecessary hurdles. Accountability is all it is about.
Update on 25 Sep. Today’s Proceedings in Tax Audit due date extension matter: The Department submitted in the morning that, in view of the recent decisions of the Hon’ble Rajasthan High Court and the Hon’ble Karnataka High Court extending the due date for filing Tax Audit Reports till 30.10.2025, the Central Board of Direct Taxes (CBDT) is holding a meeting today to take a decision on the matter. On this basis, the Department requested that the matter be taken up tomorrow. CASA and @CASumitGarg3 have prelimnary placed our submissions on record, and the Hon’ble Court has directed them to await the outcome of the CBDT’s decision for a day. Accordingly, the matter now stands adjourned to tomorrow. Regards CA Himank Singla ICAI Sangrur Branch Executive Member
If you want an extension Audit date pls retweet for support. आदरणीय प्रधान मंत्री @narendramodi जी द्वारा CA Day पर दी गई स्पीच। @theicai Sir, Please Extend Tax Audit due date.@IncomeTaxIndia @FinMinIndia #Extend_TaxAudit_Due_Date #ExtendDueDate
I don’t think @RahulGandhi needs to do much for the upcoming elections. The arrogance of the @BJP4India leadership, especially our @nsitharamanoffc, is enough to push them out of govt. @AmitShah #Extend_Due_Date_Immediately #extend_ITR_TAR_duedates #PenDownNoExtensionNoAudit
As per sources @IncomeTaxIndia and @FinMinIndia are planning to move to SC against HC order of extension. They will fight with taxpayers by using taxpayers money. Thanks @nsitharaman and @PMOIndia सब याद रखा जाएगा. अगली सरकार अधिकारियों के वोट से ही बनाना.
Finished an Audit at 2.30 am and returned home. I was once a hardcore @BJP4India supporter. But in the last couple of years I'm fully convinced that as long as FM isn't changed i won't vote for the BJP. Also, Very disappointed w @IncomeTaxIndia #TAR #ExtendTaxAuditDueDate
