Updates by CA Atul Modani
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Tax And Legal Updates by CA Atul Modani
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Edited copy of last year extension order is circulated as 15 days extension of taxaudit this year too.

Instead of 2018, changes done via pen as 2019

Do not believe
The notification of due date extension pertaining to filing of ITRs that is being circulated on social media platforms is not genuine. Taxpayers are advised not to fall prey to such false news.



https://t.co/PrEOewprQa
On almost all of Finance Minister Nirmala Sitharaman's tweets over the past few days, people have been requesting her to extend the due date of Tax Audit returns.
Photo from CA Atul Modani
Few are inquiring about whether extension is applicable to Non audit cases of Companies also.....

Will request to wait for Order of CBDT.

But generally CBDT extension order contains reference to assessees covered under clause (a) of Explanation 2 to Section 139 which covers all cases of

(i) companies (tax audit as well as non audit), or

(ii) a person (other than a company) whose accounts are required to be audited under this Act or under any other law for the time being in force; or

(iii) a working partner of a firm whose accounts are required to be audited under this Act or under any other law for the time being in force,
Reporting_under_the_New_Format_in_Form_3CD_-_A_Specimen.pdf
3.2 MB
Reporting_under_the_New_Format_in_Form_3CD_-_A_Specimen.pdf
BCAS - Reporting under 3CD - Specimen
GST Landmark Judgment on Transitional Credit by P&H HC:

credit can't be denied only because form Trans 1/2 could not be filed or correctly filed

-Procedure provided in law cannot overtake law

-Bunch of 102 cases decided in favour of tax payers