‘Extend time limit for filing tax returns’

The Chamber of Commerce and Industry, Thanjavur, has urged the government to extend the time limit for filing of tax returns for businesses and industries.In a memorandum addressed to the Prime Minist

The Chamber of Commerce and Industry, Thanjavur, has urged the government to extend the time limit for filing of tax returns for businesses and industries. In a memorandum addressed to the Prime Minister, Union Finance Minister, the Chairman, Central Board of Direct Taxes and the GST Council, the office-bearers of CCI, Thanjavur has claimed that many businesses were yet to become fully functional and were on the recovery path with Government support. In this scenario, fixing a date for non-productive and control-oriented compliances pressurises the already stressed business/industry taxpaying community. Hence, the organisation has pleaded that the time limit for filing of returns for the financial year 2019-20 be extended like the time limit concession extended till November 30, 2019 for filing of returns for the financial year 2018-19 by the government.