High Court declined to interfere in the matter of extension of the due date for filing Tax Audit Report and ITR

Last updated: 18 January 2021

Court :
Gujarat High Court

Brief :
The Hon'ble Gujarat High Court in All Gujarat Federation of Tax Consultants v. Union of India [R/Special Civil Application No. 13653 and 660 of 2021, dated January 13, 2021] dismissed the writ applications filed for extension of the due date of filing Tax Audit Report ("TAR") and Income Tax Return ("ITR"). The Court declined to interfere in the matter and held that at this stage the Court may only observe that the Central Board of Direct Taxes ("CBDT") may consider issuing an appropriate circular taking a lenient view as regards the consequences of late filing of the TAR as provided under Section 271B of the Income Tax Act, 1961 ("Income Tax Act") and left it to the discretion of the CBDT in this regard.

Citation :
[R/Special Civil Application No. 13653 and 660 of 2021, dated January 13, 2021