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FM Nirmala Sitharaman informed to increase ITRs

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The Direct Taxes Professionals Affiliation (DTPA) has urged Finance Minister Nirmala Sitharaman for extension of date of furnishing of tax audit report underneath part 44AB to February 28

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Nirmala Sitharaman | revenue tax returns | tax submitting

Direct tax professionals have sought extension for tax audit report, revenue tax returns for audit instances and time restrict for AGMs within the wake of the continuing pandemic state of affairs.

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The Direct Taxes Professionals Affiliation (DTPA) has urged Finance Minister Nirmala Sitharaman for extension of date of furnishing of tax audit report underneath part 44AB to February 28 and the due date of submitting of revenue tax returns of evaluation 12 months 2020-21 in audit instances to March, 31, 2021.

Because of the corona pandemic normalcy in operations is but to set in. Even many professionals in addition to their employees have suffered an infection from Covid-19.

Due to this fact, there may be want for extension of dates for furnishing tax audit studies and ITRs, DTPA president N Ok Goyal mentioned of their latest submission to the federal government.

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