RETURN DATE NOT LIKELY TO BE EXTENDED, HOWEVER, FORM 3CD DATE LIKELY TO BE EXTENDED

Dear Members,

Inspite of strong representation from us as well as various Associations and Institute, on the basis of the talk and discussion prima facie it appears that date of filing the Return of Income of 30^th September, 2013 will not be extended.  The main reason or hesitation is sharp fall in the collection of revenue as well as further loss by way of

collection of tax deferred by one month, which is termed “Revenue Foregone”.   In view of this Members are requested to go ahead with filing of Returns for which due date is 30^th September, 2013.

However, it also transpires from the representation and discussion made that the date of Uploading the

Tax Audit Report (3CD) is likely to be 

extended from 30^th September to 31^st October, 2013.  The notification of the same may be received shortly.

All the Members are requested to see that Returns of Income are filed and Uploaded before 30^th September, 2013.

Wish you all a happy, busy and hectic September ending!

With regards

SUNIL TALATI

President

, 

AGFTC

PAST PRESIDENT, ICAI

COURTESY BY:CA Nitesh More