Memorandum seeking Extension of Due Date for Filing of Income Tax & GST Returns | 10/08/2019

Date: 10th August 2019

 

To,

 

Smt. Nirmala Sitharaman

Hon. Union Minister of Finance and

Corporate Affairs

Government of India

North Block

New Delhi

 

Hon’ble Madam,

 

SUBJECT: MEMORANDUM SEEKING EXTENSION OF DUE DATE FOR FILING OF INCOME TAX AND GST RETURNS

The Karnataka State Chartered Accountants Association (R) (in short ‘KSCAA’) is an association of Chartered Accountants, registered under the Karnataka Societies Registration Act, in the year 1957. KSCAA is primarily formed for the welfare of Chartered Accountants and represents before various regulatory authorities to resolve the professional problems faced by chartered accountants and business community.

We have written to your good selves many a times populating issues and possible solutions. Herein, we are presenting before your good selves the difficulties and hardship faced by the trade, consultants and companies at large due to the heavy rains and flooding position in the entire northern, malnad and coastal Karnataka. The chartered accountants are not in a position to complete audits under Income Tax Act and GST Acts, and meet the specified timelines for furnishing of various monthly and annual returns, which are falling due in the months of August and September 2019 as normal life is severely affected due to nature’s fury.

Your goodselves are well aware of the situation in the state of Karnataka. Especially, the districts of Belagavi, Shivamogga, Uttara Kannada, Dakshina Kannada, Bagalkot, Bijapur, Raichur and Other Malanad regions are receiving unseen rains and floods which has displaced the routine activity and infrastructure of the people in the state.

Hence, we are presenting before your good selves the difficulties and hardship faced by the chartered accountants and business community due to severe and destructive rains and floods in the state of Karnataka. In this hour of severity, Chartered accountants are unable to reach out to their clients for the purpose of Audit and it would be inhumane and unjust to force assessees until their livelihood returns to normalcy. Considering that sizable number of assessees are from the affected and rural areas, we seek your early intervention to extend due date for audit under Income Tax Act and GST Acts as well as the due dates for filing of various monthly returns falling due in the months of August and September 2019.

Hence, we the office bearers of the Karnataka State Chartered Accountants Association, on behalf of the entire Chartered Accountants community and also on behalf of the trade and businesses  in the state of Karnataka appeal to your goodselves to kindly consider our request for extending the due dates for completion of audits and filing of returns by a further period of three months.

Yours sincerely,

For Karnataka State Chartered Accountants Association ®

 

Chandrashekara Shetty           CA. Chandan K Hegde                 CA. Sateesha Kalkur

President                                           Secretary                         Chairman – Representation Committee