Tax audit extension

Page no : 12

chandrasekaran (partner) (22 Points)
Replied 27 October 2017

No. Already a months extension has been given. It is for us to build up necessary infrastructure.    If we are going to ask for extension again and again,it may  create a negative  impression about our capabilities and ultimately lead to  entry of others into our exclusive domain.  Dear Youngsters raise to the occassion and accept challenges. Wish you all the very best. 


Hemant Kothari (CA) (33 Points)
Replied 27 October 2017

Instead GSTR 2Should be extended and not tax audit... What do u say

Tummala Ramakrishna Chowdary (Article) (131 Points)
Replied 27 October 2017

Income tax site is not working


shivaraj e (10 Points)
Replied 27 October 2017

Yes it should be extended.

PARVATEESWARA RAO CHAGANTI SUN (7 Points)
Replied 27 October 2017

YES YES YES YES

Yes it should be extended, as we are not having time because of GST Returns.

 



Kvm (15 Points)
Replied 27 October 2017

Assessees normally make the accounts ready for filing by July & AUgust but thoroughly got engrossed in the new GST system and yet to get a fair knowledge of even billing, despatches and consequent filing of returns in August, Sep and october and yet to get the grip of how to file hasslefree GSTRs.  This has put them in a fix that they could not work on completion of finalised accounts. On the other hand we auditors have been busy assisting the assessees in their GST compliance.  Being a new law we are also not 100% clear on various rules.  This leaves us no time to sit on audits, tax audit and related issues.  This necessitates extension of time for filing IT return.

 


Sujeet Bhandiwad (Article student) (25 Points)
Replied 27 October 2017

Dear Mr Pradeep

Tax Guru

Thanks for compiling the opinion about the extension of Tax Audits

YES WE VOUCH FOR IT_ WE WANT EXTENSION AT ALL COSTS

LET US BE A CHARTERED ACCOUNTANTS, RATHER THAN A MERE CLERK IN THE WHOLE PROCESS

OF GST, and OF COURSE A HOST OF WORKS

SINCE ALL THE ARTICLES ASSTS ARE AWAY FOR EXAMS, DUE FOR NOV 2017.

LET US RAISE OUR VOICE UNITEDLY
ALL THE BEST
CA BHANDIWAD
HUBLI_KARNATAKA

 


jignesh v shah (Accounts Manager) (22 Points)
Replied 27 October 2017

yes it should be extended because of GST Returns & Trans 1


Ruchi (NA) (69 Points)
Replied 27 October 2017

YES IF ITS EXTENDED WELL AND GOOD..... BUT AFTER GIVING A MONTH'S EXTENTION ALREADY, ITS VERY DOUBTFUL IF THERE WILL BE FURTHER EXTENSION......


Sumaiya Daruwala (2 Points)
Replied 27 October 2017

yes it should be extended as understanding gst return,verious technical issues,icds etc consumed lot of time and energy along with diwali vactions and lots of due dates together make it difficult to complete the audit.so it should be extended.


hemanta (proprietor) (22 Points)
Replied 27 October 2017

It should be extended by 2day without delay

Raajasekar (Finance Manager) (37 Points)
Replied 27 October 2017

Yes . it should be exteneded.  CBDT and Finance Ministry seems to have their own merrily way as despite request from Taxpayer all around the country they have not bothered to accept their request for extension of due date of Income Tax Returns which are falling due on 31st October 2017 to 30th November 2017. To add insult to injury CBDT has further changes its schema for Form 3CD on 26th October 2017 i.e. just five day before the last day of filing the Income Tax return. The Change is 3rd Change since release of Schema on 1st April 2017. So CBDT / Government can do Last Minute Schema Changes, Keep its website closed for updates/Maintenance, Increase as much reporting as it want in the name of transparency and at the same time they will claim ease in doing business.


Rajasekaran (Manager Accounts) (33 Points)
Replied 27 October 2017

Yes. It should be extended.  Since the inception of GST,  confusion in submission of forms because of the systems slow support,  explaining the impact to the clients, make them understand and submit the compliance report in time took long time. Resulted unable to compile and audit their last year accounts in time.  Required the extention till Dec 2017 to comply with  all respect.  Another reason for changes in the tax audit report.  Its reqired lot many details other than usual becuase of de monitisation. That also need to be taken card

 


MATHEW T.J. (Accounts Manager) (24 Points)
Replied 27 October 2017

Originally posted by : Devanand jha
Yes It Should Be Extended.

 



MATHEW T.J. (Accounts Manager) (24 Points)
Replied 27 October 2017

Originally posted by : Devanand jha
Yes It Should Be Extended.

DUE TO THIS "GSTMESS", IT IS VERY URGENT TO EXTENT THE DATE FOR FILING I.T. RETURNS

MATHEW JOHN



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