sumit aggarwal

professional

[sumit aggarwal @casumitagg]

@CMODelhi @MCD_Delhi @SwachhBharatGov @LtGovDelhi @CMODelhi @SwachhBharatGov

[sumit aggarwal @casumitagg]

#netaji subhash place
Prime location and poor civic sense

No caretaker for business complex near funcinema parking

[CA. (Dr). ROHIT RUWATIA AGARWAL 🇮🇳 @ruwatiaofficial]

As a Chartered Accountant, I could not stop myself from writing this.

ITR filing and Tax Audit have altogether different scope and purpose. ITR filing is mainly compilation of data and submission of information by the assessee. Tax Audit, on the other hand, is a statutory assurance under Sec 44AB, involving detailed examination of books, verification of more than 40 clauses in Form 3CD, and reconciliations relating to GST, TDS, PF/ESI, loans and related party transactions.

In the regular course, there is usually a gap of about two months between ITR due dates and Audit due dates. This year, however, barely 14-15 days have been allowed.

Such compressed timelines make it difficult to maintain the quality and accuracy expected from an audit, increase the chances of errors and omissions, and ultimately defeat the very purpose of reporting.

This is not about asking for extensions year after year. It is about ensuring that the compliance framework itself provides a sufficient and realistic timeline, keeping in view the distinct scope and responsibilities of audit as compared to return filing.

I certainly hope @FinMinIndia & @IncomeTaxIndia will consider the legitimate concerns of professionals.

For, non corporate entities format, we have escalated the matter & working to get the relief to the best possible.

#TaxAudit #AuditQuality #SufficientTimeline #NationFirst #ICAI

[sumit aggarwal @casumitagg]

@NidhiForX @grok verify

[sumit aggarwal @casumitagg]

@elonmuskADO 20

[sumit aggarwal @casumitagg]

@abhishekrajaram Its good to views your tweet on case laws

[sumit aggarwal @casumitagg]

@BimalGST @Infosys_GSTN @FinMinIndia

[sumit aggarwal @casumitagg]

@abhishekrajaram How to file appeal in case of high pitch demand ??

10% means whole of client bank balance

[sumit aggarwal @casumitagg]

@AamAadmiParty Media is not the place for discussion,
u have elected government , u can discuss matter in gst council
Dont fool people

[sumit aggarwal @casumitagg]

@abhishekrajaram What is the source of above information sir

[sumit aggarwal @casumitagg]

@rohitjain2021 Ca community feels the action taken by modi government and its impact on black money
Which never in the case of previous governments

[sumit aggarwal @casumitagg]

Any possibilityof date extension #MCA

[CA Anil Kr Yadav @aniyadav17]

more power to CS brothers and sisters of jaipur chapter….
नहीं चलेगी नहीं चलेगी तानाशाही नहीं चलेगी ….
@MCA21India @FinMinIndia @nsitharaman @narendramodi @GouravVallabh

[Institute of Chartered Accountants of India - ICAI @theicai]

Decision taken by ICAI Central Council after deliberations on the matter related to recent arrest of Chartered Accountants & other instances of ill- treatment of CAs by investigating authorities in Council Meeting held on 20th May 2022
#JusticeforCA
@drdebashismitra @AniketTalati

[CA Gaurav Garg @CAGargGaurav]

#JusticeforCA We request @PMOIndia @nsitharaman @FinMinIndia to kindly appoint #CBI for independent enquiry in recent matter wherein #Gurgaon #GST department first issued Rs15 cr refund and then in order to cover up the matter illegally detained & arrested 2 Chartered Accountants

[sumit aggarwal @casumitagg]

@CA_HarshilSHETH @IncomeTaxIndia Same here

[sumit aggarwal @casumitagg]

@bankofbaroda @IncomeTaxIndia @bankofbaroda message send u

[sumit aggarwal @casumitagg]

Disappointed with income tax website
# Bank of baroda account of company is not validated its been 6 months since i have filled complaint
Resolution not provided
Refund of ay 2020-21 and ay 2021-22 is stuck

CBODT/E/2021/27797
CPGRAM COMPLAINT NO

@IncomeTaxIndia @bankofbaroda

[Praveen Sharma l प्रवीण शर्मा ⭕🇮🇳 @capraveensh]

Tax Audit date of 15th Jan is putting undue pressure on CA professionals. During the last one week there was constant pressure of filing returns in time. (1/2) @cbic_india @nsitharaman @TimsyJaipuria @TOIIndiaNews @htTweets @EconomicTimes @thegstmitra @tax4wealth

[CA Gaurav Garg @CAGargGaurav]

There is a significant rise in #Covid19 #omicrom cases, will request @nsitharamanoffc @FinMinIndia @IncomeTaxIndia to extend the timeline for various tax compliances. Health of professionals and other manpower involved in tax compliances must be given preference. #extendduedates