CA.CH.Srikanth Netha

CA by profession.

[CA.CH.Srikanth Netha @casrikanthnetha]

@AbhijitDipkeCJP No

[𝐉𝐨𝐝 𝐈𝐧𝐬𝐚𝐧𝐞 @jod_insane]

According to a survey 83% of Indians want Modi to continue as PM in 2029.

[V S Vadivel, Author. @vsvadivelfca]

GSTR-3B cannot be revised once filed. However, a "Reset GSTR-3 B" option is available once per filing.

This "reset" option changes the status from "Submitted" to "Yet to be Filed," allowing edits to all return details.

All entries in the Electronic Liability Register will be deleted, and the ITC of the return integrated with the Electronic Credit Ledger will be reversed.

[Sanjay Saini 🇮🇳 @imsanjay45]

Tax audit deadline day!

CAs and tax professionals are under immense pressure, racing against the clock to finalise audit reports. The countdown has begun, and only a few hours remain.
#Extendtaxauditduedate
#ExtendTaxAuditDate
#Extend_Due_Date_Immediately
#TaxAudit

[CA Rahul Sharma @RahulUrrahul]

The demand for a Tax Audit Due Date Extension is not about seeking extra time for convenience. It is about ensuring accuracy, quality, and compliance.

When systems, data, and practical challenges create bottlenecks, deadlines must reflect ground realities.

Extend the Tax Audit Due Date. Ensure Quality Compliance.

#TaxAuditExtension #TaxAuditDueDate #ICAI #IncomeTax

[Pratibha Gupta @PratibhaGoyal]

Today is the last extended date to file Tax Audit Report for FY 25-26!

This date will be highly unlikely extended!

Penalty for late filing TAR:

- 0.5% of Turnover/ Gross Receipts
- 1.5 Lakhs

Whichever is lower!

Note: Penalty is subject to Adjudication. No penalty should be levied if there is a reasonable cause of non-filing!

[CA.CH.Srikanth Netha @casrikanthnetha]

#Extendtaxauditduedate
#CBDT
#incometaxindia
Ministry of finance plz don’t delay to extend due dates and plz consider the concerns and hardship of sensitive professionals who part of nation building, and take necessary amendments to fix the audit date to 30th Nov to allow fest

[Dhaval Kothari @CADhavalkothari]

📢 We need a permanent Tax Compliance 📅
31/7 – Non-Business #ITR
31/8 – Business ITR (Non-Audit)
30/11 – Tax Audit Cases
This will help #taxpayers, businesses & professionals plan better and avoid last-minute pressure.

What are your views? Any other suggestions?
#TaxAudit

[CA.CH.Srikanth Netha @casrikanthnetha]

@NewspressX Yes

[Rohit Jain @rohitjain2021]

If you want an extension, be vocal. If you don't, stay silent.
Don't be a Gyanchand and lecture Others
People across the country face different challenges. Your office's work status cannot be the benchmark for deciding whether an extension is needed.

PS: I'll finish by evening

[CA.CH.Srikanth Netha @casrikanthnetha]

@NewspressX No

[CA Rakesh Shah @CA_RB007]

#TaxAudit #TaxAuditDueDateExtend #TaxAuditExtension @nsitharaman @nsitharamanoffc @IncomeTaxIndia @CA_sansar @taxguru_in @theicai

[CA.CH.Srikanth Netha @casrikanthnetha]

#Extendtaxauditduedate #ExtendTaxAuditDate with expeditiously due continuous holidays and festive moods. CBDT would had directly extended to 31st but not why ????

[Ravinder Rathi Adv. @Ravinder_Rathi4]

🚨 Reminder: Tomorrow is the last date to file #TAR , yet #CBDT has not announced any further extension.

Tax professionals are still waiting ⏳. Will CBDT act, or will the deadline remain unchanged? 🥲⌛

#TaxAuditExtension
#TaxAuditDueDateExtend
#TaxAudit

[CA Kuldeep Arora @cakuldeeparora]

🇮🇳 WHEN THE NATION IS CELEBRATING,
CHARTERED ACCOUNTANTS ARE STILL WORKING ON TAX AUDITS

Navratri and Vijayadashami are occasions of celebration for the entire nation.

Yet, Chartered Accountants are required to work through this festive period to complete and file Tax Audit Reports, with the extended due date now falling on 21st October.

❌ 21st OCTOBER IS NOT THE RIGHT SOLUTION

An extension from 30th September to 21st October may provide temporary relief, but it does not address the fundamental issue of the due-date structure.

📢 THE TIME HAS COME TO FIX THE DUE DATE PERMANENTLY

From the next financial year onwards, the Tax Audit Report filing due date should be fixed at:

🗓️ 31ST OCTOBER PERMANENTLY

This will provide:

✅ Adequate time for proper verification and reconciliation
✅ Better quality of Tax Audit Reports
✅ Sufficient time to analyse AIS, Form 26AS, TDS and GST data
✅ Less pressure during the festival season
✅ Reduced chances of **errors and omissions
✅ Better compliance for taxpayers as well as the Income Tax Department

TAX AUDIT IS NOT A RACE AGAINST TIME.

It is a professional responsibility requiring verification, analysis, judgement and due care.

LET US NOT ASK FOR AN EXTENSION EVERY YEAR.

LET US FIX THE DATE ONCE AND FOR ALL.

31ST OCTOBER SHOULD BE THE PERMANENT TAX AUDIT DUE DATE.

CA KULDEEP ARORA
Kuldeep Arora & Associates
Chartered Accountants

Adequate Time → Better Audit → Better Compliance

[CA Rahul Sharma @RahulUrrahul]

🚨 Attention @IncomeTaxIndia:

With today marking the 21st October deadline, an official notification extending the Tax Audit report deadline to 31st October 2026 will bring much-needed relief to thousands of practitioners and taxpayers nationwide! 🙏

#ExtendTaxAuditDueDate #CBDT #TaxAuditAY202627 #TaxProfessionals #ExtendTaxAuditDueDate

[BJP @BJP4India]

In Congress-ruled Karnataka, students were forced to leave examination halls after massive OMR sheet mismatches disrupted their exams.

This is not just an administrative lapse — it reflects the Congress government's negligence toward the future of the youth. Months of hard work by thousands of students were undermined by sheer incompetence.

𝐍𝐨 𝐚𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲. 𝐍𝐨 𝐩𝐥𝐚𝐧𝐧𝐢𝐧𝐠. 𝐍𝐨 𝐫𝐞𝐬𝐩𝐞𝐜𝐭 𝐟𝐨𝐫 𝐬𝐭𝐮𝐝𝐞𝐧𝐭𝐬' 𝐞𝐟𝐟𝐨𝐫𝐭𝐬. 𝐓𝐡𝐞 𝐬𝐭𝐮𝐝𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐭𝐡𝐞𝐢𝐫 𝐩𝐚𝐫𝐞𝐧𝐭𝐬 𝐝𝐞𝐬𝐞𝐫𝐯𝐞 𝐢𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐚𝐧𝐬𝐰𝐞𝐫𝐬 𝐚𝐧𝐝 𝐬𝐰𝐢𝐟𝐭 𝐜𝐨𝐫𝐫𝐞𝐜𝐭𝐢𝐯𝐞 𝐚𝐜𝐭𝐢𝐨𝐧.

[Anuradha Mishra (Modi's Family) @Anuradham1805]

You all know the benefits of 5 times namaj thanks to @namitathapar 💀💀

I'll show you the benefits of a black tent, Thapar madam why didn't you share this 😭😭

[Gurudatta KS @ksgurudatta]

Failing again and again on crucial due dates even after 8 years of GST. Why no sufficient infrastructure provided? Move away with the service provider if he is the reason. Don't kill man hours, if done, please compensate. No extensions sought btw.,