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Chairman Writes...

Dear Esteemed Colleagues Dear Esteemed Colleagues
In the month of September most of the practising Chartered Accountants will be busy with Tax Audits. The move of Central Government to extend GST Annual Returns and GST Audit of Financial Year of 2017-18 to 30" November 2019 is a welcome measure. This will help the members to exclusively concentrate on Tax Audits in the month of September. The statistics revealed by CBDT that The Income Tax Department has registered a quantum jump in the e-filing of Income Tax Returns (ITRs) with an all time high of 49,29,121 ITRs filed in a single day on 31st August 2019 is a good sign. Tax payers are moving towards compliance nation. In this month of my writeup I would encourage members to spread government scheme of "Sukanya Smriddhi Scheme" for girl Children. The details of the scheme can be obtained from http://www.nsiindia.gov.in/InternalPage.aspx?Id_Pk=89. This scheme encourages regular payments to obtain a lumsum amount at the age of 21 and also a part withdrawal for studies of the girl child at the age of 18.
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