Tuesday, October 24, 2006

Due dates for filing extended up to November 30

Don't know whether to laugh or cry. With the government introducing efiling, life was quite a misery for all of us. It began with software bugs (in the software released by the government), cells that were incapable of taking an alternate correct rate of tax and so on. The list was endless. Then, the server could not stand the heavy traffic and the revenue website remained inaccessible for major parts of the day and returns could not be uploaded. Fortunately the date for filing the tax return and fringe benefit tax return stands extended to November 30.

We worked throughout the festive season (Diwali and Eid) but just got the good news of the date extension and at least I am now celebrating. On the flip side, it means an extended month of hard work. Well, that is life. As Readers'Digest would say it: It is all in a day's work.

For those interested, the notification extending the date is below.

F.No. 133/38/2006-TPL(Pt)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes
New Delhi, the 24th October, 2006
Order under section 119 of the Income-tax Act
In exercise of powers conferred by sub-section (1) and clause (a) of sub-section (2) of section 119 of the Income-tax Act, 1961, the Central Board of Direct Taxes hereby extends the due date for obtaining the report of audit under section 44AB of the Income-tax Act, 1961 and furnishing the return of Income under sub-section (1) of section 139 and return of fringe benefits under sub-section (1) of section 115WD in case of companies (other than the companies assessed or assessable in the State of Gujarat) for Assessment Year 2006-2007 from 31st day of October, 2006 to 30th day of November, 2006.
(Sharat Chandra)Director (TPL-IV)

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