CBDT issues a detailed order to rule out further extension of due dates for filing of ITR amp; audit report

The CBDT has rejected all representations to further extend the due dates for filing of Income-tax returns and tax audit report. It has issued a detailed order pursuant to the recent directions issued by the Hon’ble Gujarat Court in the case of All India Gujarat Federation of Tax Consultants v. Union of India [2021] 123 taxmann.com 141 (Gujarat). The CBDT justified its decision for not extending the due dates on basis of three arguments:The CBDT has rejected all representations to further extend the due dates for filing of Income-tax returns and tax audit report. It has issued a detailed order pursuant to the recent directions issued by the Hon’ble Gujarat Court in the case of All India Gujarat Federation of Tax Consultants v. Union of India [2021] 123 taxmann.com 141 (Gujarat). The CBDT justified its decision for not extending the due dates on basis of three arguments:taxmann.com Latest Statutory HappeningsRead More

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