ICAI Representation to CBDT: Extend last date for Tax Audit Reports/ ITR from 30 Sept. 2018 to 31 Oct. 2018
ICAI has submitted a Representation to CBDT on 31 Aug. 2018 requesting for extension of last date for submission of Tax Audit Reports and related returns (ITR) for AY 2018-19 from 30 Sept. to 31 Oct. 2018 in the case of Corporate Assessees or where tax audit is applicable. Again on 10 Sept. 2018 and 20 Sept. 2018, ICAI has made further submissions to supplement its representation.
Taxpayers, Accountants and CA Professionals… all are expecting that CBDT will duly consider the ICAI request, on merits of the facts represented before it.
Further, if CBDT has any plans to extend the tax audit due date, then it should notify the same immediately, as the last moment extension is not beneficial for anyone. Otherwise, CBDT should immediately communicate that tax audit report filing due date shall not be extended. Either way confusion should not persist and a clear deadline should be provided for filing of tax audit report and ITRs for convenience of all concerned.