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Extend TAR Due date - 31st Oct
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#ExtendTaxAuditDate@IncomeTaxIndia
Ram Bajaj
8696424223
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TAX AUDIT DEADLINE EXTENSION — NOT JUST A PROFESSIONAL DEMAND, BUT A SOCIAL CAUSE
The demand to extend the Tax Audit due date to 31st October permanently is not merely about giving Chartered Accountants more time.
It is about creating a realistic compliance framework that protects the quality of audits, the well-being of professionals and the larger public interest.
THE PROFESSIONAL CAUSE:
A Tax Audit is not a mechanical exercise of filling forms.
It involves examination of books and records, verification of documents, reconciliations, analysis of tax provisions, identification of discrepancies, preparation of reports and professional review before the report is finally signed.
Trying to complete this entire process within an extremely compressed period can create unnecessary pressure and increase the risk of inadvertent errors, incomplete verification and compromised professional review.
Quality audit requires time. Professional judgement cannot be rushed.
THE HUMAN CAUSE:
Behind every Tax Audit is a professional and a team of people working long hours to meet the statutory deadline.
Late nights, extended working hours and continuous deadline pressure affect the health, family life and overall well-being of professionals and their teams.
Compliance should not come at the cost of professional well-being and sustainable working conditions.
THE SOCIAL & PUBLIC-INTEREST CAUSE:
The quality of a Tax Audit ultimately affects more than the Chartered Accountant.
It contributes to accurate financial reporting, correct tax compliance and a more reliable tax administration system.
A rushed audit may satisfy a date on the calendar, but a properly performed audit serves the larger objective of accuracy, transparency and compliance.
THE REAL OBJECTIVE:
This is not a demand for less compliance.
It is a demand for adequate time to achieve better compliance.
Adequate Time → Better Verification → Better Audit → Better Compliance
An extension to 31st October would provide a more practical and sustainable timeline for completing Tax Audits with the care and professional diligence they deserve.
EVERY DAY COUNTS.
Every day without a decision means less time for proper verification, review and quality.
🙏 EXTEND THE TAX AUDIT DUE DATE TO 31ST OCTOBER — PERMANENTLY.
NOT LESS COMPLIANCE.
NOT LESS ACCOUNTABILITY.
JUST MORE TIME FOR QUALITY.
📢 This is a professional cause.
This is a human cause.
This is a public-interest cause.
CA KULDEEP ARORA
Kuldeep Arora & Associates
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@IncomeTaxIndia@PMOIndia@RahulGandhi@nsitharaman@FinMinIndia
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All CAs,Advocates and Tax Practitioners POST & REPOST
Lets unite and raise our VOICE for the extension of TAR due dt to 31.10.26
#ExtendTaxAuditDate
#Extend_Due_Date_Immediately
#ExtendTaxAuditDueDateToday
Ram Bajaj
8696424223
For Regular GST Updates, Join this Group
https://t.co/xfAKdNMUwv
Its time to unite and raise our VOICE for the EXTENSION of TAR due dt to 31.10.26 & ITR dt to 30.11.26. It's high time we made it noticeable.
All CAs,Tax Practitioners and Professionals,Business POST & REPOST🙏
#ExtendTaxAuditDate#Extend_Due_Date_Immediately#ExtendTaxAuditDate
Its time to unite and raise our VOICE for the EXTENSION of TAR due dt to 31.10.26 & ITR dt to 30.11.26. It's high time we made it noticeable.
All CAs,Tax Practitioners and Professionals,Business POST & REPOST🙏
#ExtendTaxAuditDate#Extend_Due_Date_Immediately#ExtendTaxAuditDate
MP of Parliament & working president of one of the biggest parties understand the need for #ExtendTaxAuditDate
But ICAI and our elected representatives have not represented to the FM
We are living in wonderful times!