J&K Branch of the ICAI submits Memorandum forextension of Due dates under Income Tax Act toMOS FinanceShAnurag Thakur

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The J&K Branch of the Institute of Chartered Accountants of India (ICAI) along with former Minister CA. Sat Sharmatodaycalled upon Sh. Anurag Thakur , Union Minister of State for Finance , Government of India , in the winter capital of Jammu and Kashmir .CA.Lalit Kumar Gupta , Chairman of J&K Branch of ICAI, presented a memorandum to the union MOS Finance &requested the minister to extend the due dates for furnishing tax audit Reports , transfer pricing audit , other returns under income tax actfor Audit as well as not Audit assesses for the Assessment year 2020-21 upto 31st March ,2021.He apprised the minister about the various difficulties faced by the asseses& professionals due to spread of Corona 19 pandemic, &coinciding of due Dates such as GST Audit , Vivad Se Vishwas Scheme , etc. alongwithongoing e- assessments & DDC Elections in J&K State which had made it difficult for assesses & professionals to file the returns before due dates .