Greetings on Chartered Accountants' Day to the entire CA fraternity. They have long been trusted partners in India's economic journey. Through their commitment to transparency and professional excellence, they strengthen our financial systems, support businesses, encourage entrepreneurship and inspire confidence among investors. Their expertise contributes significantly to economic growth and nation-building. As we move towards becoming a Viksit Bharat, their efforts help create an environment where enterprise can flourish and opportunities can expand for all.
@Prabinmen I really respect you views and regularly following you. I try to put stocks mentioned by you on my fundamentals analysis. If both matches I invest. You are truly genius.
@blitzkreigm Management is lacking trust factor. In India, everything is possible by way of capital expenditure, the money can be taken out from the company and shareholders will be left at their mercy.
Looks like @RBI same cheque clearing has gone for a toss no cheque are getting cleared on same day all cheque been hold up with no communication from rbi as they are busy with fintech event
@AnilSinghvi_ There is lot of problems after introduction of new system for cheque clearance
It has been more than 3 days that amount is not credited
Check it & do needful
It's a National issue
@RBI@HDFC_Bank check deposited in ghuddod road branch surat on 6th October morning. It was returned, stating that connectivity is not established. Still waiting for the credit .How this new system is operational, I can’t understand.
Justice with Logic, Pride for the Profession
Many HC have issued the judgment on Audit report date extention but the judgment of Gujarat HC is going round on social media.
The Gujarat HC, through Hon’ble Justice Bhargav Karia (CA, 1990 batch), has directed CBDT to extend the due date for tax audit cases along with ITR filing date extension.
This judgment is more than just an extension, it is an acknowledgment that compliance requires both discipline and practical timelines.
From signing audit reports as a Chartered Accountant to signing judgments as a Judge, Justice Bhargav Karia’s journey is a shining example of how Chartered Accountants excel in every sphere, from finance to law to justice.
The takeaway:
Logic must lead compliance.
Fairness must guide governance.
Values must inspire professionals.
I always feel proud to be a CA, a proud moment for every Chartered Accountant.
#ICAI #TaxAudit #DueDate #Justice #Motivation #CA
Even today Form 10AB is not filing on the Income Tax Portal.
Who will hear this out?
When lakhs of taxpayers & professionals face glitches, @IncomeTaxIndia @CBDT_India remain in denial mode.
Compliance cannot run on broken systems. #TaxPayersVoice#Form10AB
The Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing various audit reports for the Previous Year 2024–25 (Assessment Year 2025–26), from 30th September 2025 to 31st October 2025, for assessees referred to in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act.
Retweet for Support #ExtendTaxAuditDueDate
1) 2 High Court के Date Extend करने का आदेश
2) 20 से अधिक अलग अलग हाई कोर्ट में याचिका
3) ICAI का Request
4) सभी बिज़नेस एसोसिएशन की Request
5) Advocate/ CA Association की Request
6) Twitter पर 10 दिन से हजारों ट्वीट
इतना सब होने के बाद भी अभी तक ना तो इन्होंने Date Extend किया है और ना ही कोई जवाब दिया है किसी को सही से डिपार्टमेंट ने
इसी को शास्त्रों में बदमाशी और घमंड कहा जाता है
Ram Bajaj
8696424223
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📢 KSCAA Writ Petition Update
Hon’ble High Court has ruled in favour of KSCAA. The Court has directed CBDT to extend the due date for Tax Audit by 30 days.
🙏 Special thanks to Designated Senior Counsel Adv. Vikram Huilgol and Adv. Sandeep Huilgol for agreeing to take up the matter at short notice, drafting the writ in a timely manner, and representing the Association effectively to secure this favourable order.
CA Shivaprakash Viraktamath
President, KSCAA
#TaxAudit #taxauditduedateextension #taxauditextension #TaxAuditDueDate
Proactive governance means resolving genuine issues before courts step in.High Court’s order should not have been the trigger. Good governance is tested when genuine concerns are addressed proactively.@FinMinIndia@PMOIndia#taxauditdateextension
The number of writs filed shows there is no trust left in the system run by Finance Ministry / Department of Revenue / CBDT. Stakeholders are moving to Judiciary.
Trust is the most important part of Revenue. Be it business or a nation.
Lost Forever!
#ExtendTaxAuditDueDate
CAs are working day & night, yet requests for Tax Audit Due Date extension are ignored.
If @theicai & CCMs don’t respond, where should professionals turn?
CCMs enjoy positions because of members’ votes, but when members cry for Due Date extension, they choose silence. Isn’t this betrayal of trust?
#ExtendTaxAuditDueDate