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Bhilwara Tax Bar Association Files Writ Petition in Rajasthan High Court for Tax Audit Due Date Extension

Bhilwara Tax Bar Association Files Writ Petition in Rajasthan High Court for Tax Audit Due Date Extension

The Bhilwara Tax Bar Association has filed a writ petition in the Rajasthan High Court requesting an extension for the tax audit report filing due date for the assessment year 2025-26. The petition was filed under Article 226 of the Constitution of India. The petition is filed, highlighting the principles of natural justice, equity, fair play and good conscience.

The writ petition comes after several professionals and taxpayers faced difficulties with the Income Tax Portal, along with other difficulties. Over the last few weeks, several tax bodies and CAs, and even the Institute of Chartered Accountants of India (ICAI), have submitted representations urging the Government to extend the Tax Audit Report Submission Deadline. They are raising many concerns, including the short timeline to file the tax audit report. Apart from this, many regions of India have faced heavy rainfall and flood situations, which have affected normal business operations. On top of that, the festive season is also reducing the number of working days. The ongoing technical glitches on the income tax portal are another concern that has been raised by the majority of people.

In these situations, it is very difficult to ensure correct and timely compliance. The taxpayers are facing difficulties that are beyond their control. Therefore, the Bhilwara Tax Bar Association has filed this writ petition so that taxpayers can get more time to file the TAR. If the High Court allows the same, it would give taxpayers and professionals more time to finish their tax audit reports correctly. This would help them follow the rules properly without being penalised for genuine hardships.

Nidhi
Nidhi
Nidhi is a Bachelor of Commerce student from Delhi University. As a content writer at Finvestment, I specialize in crafting insightful and engaging financial content Related to Mutual Funds, Stocks, Personal Tax, Insurance Etc...