Tax audit extension

Page no : 8

Ashish Kumar Hinger (General Manager) (23 Points)
Replied 27 October 2017

Yes it should be extended till 30th November 2017, due to GST Return and ICDS.

SABIN BABU A (CHARTERED ACCOUNTANT) (22 Points)
Replied 27 October 2017

Tax Audit date need not be extended.  Instead the date for filing GSTR2 may be extended as it is already running late.


Gangaiah Dh (4 Points)
Replied 27 October 2017

GSTR 1, not submited, on 10th of October,17 because of Internet connection Problem, next when they will allow us to do that, if not what can we do, for that, i have some of claint files, please answare for this any body


RAM KUMAR GOEL (PROPRIETOR) (87 Points)
Replied 27 October 2017

Yes, it should be extended as there were a number of festival holidays during this month apart from the fact that GST has taken and is taking a lot of time, TDS return filing date is also due by the end of this month and a lot more.


Nagarajan (Consultant) (22 Points)
Replied 27 October 2017

Dear Sir,

The requirement for extending Tax audit final date to 30th Nov is required and i expressed 2 points  on my view as below:

- GST regime

- New Compliance requirement in closing Tax Audit Files

with regards,

S. Nagarajan

 

 

 



bhaskar (proprietor) (23 Points)
Replied 27 October 2017

Yes must be extended

CA. ANIL KUMAR VARSHNEY (CHARTERED ACCOUNTANT) (28 Points)
Replied 27 October 2017

WHEREAS A LOT OF TIME HAS BEEN CONSUMED LAST 2-3 MONTHS IN CONSULTING AND IMPLEMENTING THE GST ISSUES. IN OCTOBER, A NUMBER OF TASKS HAVE PILED UP. MOREOVER THE AUDIT REQUIRES 100% BRAIN WORK. IT'S NOT MECHNICAL NOR IT CAN BE CONDUCTED THROUGH ANY SOFTWARE. TO CONDUCT THE AUDIT IN A REASONABLY PROPER MANNER, SOME MORE TIME IS REQUIRED. शीघ्रता को भी समय की आवश्यकता होती है.

THE GOVT. UNDERSTANDS THAT GST COMPLIANCE SHOULD BE MADE WITH PATIENCE AND PERFECTION HENCE THE GOVT. HAS EXTENDED DUE DATE FOR TRAN-1. THEN WHY NOT THE EXTENSION FOR TAR. 

YESTERDAY ONLY, I.E., ON 26TH OCTOBER, AUDIT AND ITR FORMS REVISED BY CBDT. THIS HAS GIVEN ITSELF GIVEN RISE TO THE NEED OF EXTENSION OF DUE DATE THEN WHY NOT THE GOVT. IMMEDIATELY EXTENDS THE DUE DATE FOR TAR AND TAX AUDIT CASES ITR. ISN'T THE GOVT. OVER PREJUDICED TO THE CA COMMUNITY ? WHICH IS THE CA COMMUNITY IS BEING SCREWED IN ALL THE WAYS POSSIBLE FIRST AND THEN LAST MOMENT EXTENTION IS GRANTED.

IT'S GOOD THAT A VOICE IS RAISED ON THE PLATEFORM OF CACLUBINDIA. THANKS FOR THAT !!!

1 Like

GOLI GOVINDA RAJULU (Accountant & Tax Practioner)   (22 Points)
Replied 27 October 2017

yes,it should be extended, as we are not having time due to GST Works

S Deepika Jain (Intern) (22 Points)
Replied 27 October 2017

GST compliance has made  it difficult for us to proceed with tax audit closures. It should be extended definitely.


Narayan Mohite (tax expert) (30 Points)
Replied 27 October 2017

yes it should be extended till 31st December 2017. Reason for it are many and every one knows it!

 



Kalidass (Accounts Practitioners) (22 Points)
Replied 27 October 2017

Yes of course.. in the initial months (i.e.july & aug) of GST launch senior audit persons are busy in learning gst procedures and educating the juniors.. not junior audit persons are busy in filing gst returns like gstr1 & 2 and they are unavailable for helping the senior auditors in filing tax audit return.. atl least one month period extension will help a lot to reduce the stress of the tax professionals..


R.V.VISWANATHAN (PARTNER) (32 Points)
Replied 27 October 2017

Yes, needs to be extendd to Nov 30th

. TDS return deadline, GST deadline, new responsibilities cast on us by ICDS, cash deposits during demonetisation, scrutiny hearings, all of these are definitely preventing us from being bale to meet this deadline.


Jayant D Kalpavriksha (Proprietor ) (28 Points)
Replied 27 October 2017

Lot of time is wasted on GST work as such extension is necessary - Jayant D K

kamlesh parmar (accountant) (62 Points)
Replied 27 October 2017

YES IT SHOUD BE EXTENDEND



Mohamed Ashraf (Finances Executive) (25 Points)
Replied 27 October 2017

TAX AUDIT SHOULD BE ENTENDED wat's last date for filling..

 



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