EXTENSION OF DUE DATE U/S 139(1)

Tax planning 3185 views 5 replies

CA. Santosh Ahuja

Proprietor

44 Points Posted on 26 September 2009

WHETHER AN EXTENSION OF DUE DATE U/S 139(1) IS EXPECTED? DOES ANYBOSY HAVE ANY INSIDE INFORMATION. PLS LET ME KNOW,

THANKS.

CA. SANTOSH AHUJA

Replies (5)

CA Susil Kumar Gupta

Chartered Accountant

152 Points Posted on 26 September 2009

Hi,

Why we seek extension, it will of no use. Even if extension is done than the clients who are in the habit of coming on last date will disappear now and will come couple of days before the last date. Unless and untill there are some happening due to which there is difficulty in completing the acconts / audit timely, then its a different issue. Everyone was aware of festivals at the end of September 2009, so planning was required before.

Sunil Liladhar Kotak

Manager (F & A)

2025 Points Posted on 26 September 2009

The ICAI has made an application to the CBDT for the extention of the due date u/s 139(1). as the application is made by ICAI then it is expected that there will be a positive reply from the CBDT.

Thank you,

sunil

Amit Raj

I.T. Practitioner

67 Points Posted on 26 September 2009

Originally posted by :CA. Santosh Ahuja
"	The date have been extended upto 31st october only in 3 districts of Maharastra. Pune, Sangali and Kohalapur	"

Ashish M

Chartered Accountant

2731 Points Posted on 27 September 2009

Due date for filing Income Tax Return been extended by one month in Pune, Sangli and Kolhapur

The govt. today extended the date for filing of income tax returns by a month in three districts of Maharashtra.”The due date of filing income tax returns, due by September 30, 2009, of tax payer assessed to income tax in the districts of Pune, Sangli and Kolhapur, has been extended to October 31, 2009,”the Central Board of Direct taxes said in a statement.

The CBDT, however, did not give any reason for the extension.

Official notification in this regard will be issued in due course, it said.

CA Rajiv Kumar Agarwal

Chartered Accountant

156 Points Posted on 07 October 2009

Originally posted by :CA. Santosh Ahuja
"	WHETHER AN EXTENSION OF DUE DATE U/S 139(1) IS EXPECTED? DOES ANYBOSY HAVE ANY INSIDE INFORMATION. PLS LET ME KNOW, THANKS. CA. SANTOSH AHUJA	"