https://www.taxtmi.com/article/detailed?id=178 Extensions of filing deadlines for income tax returns and tax audit reports have been granted for specified affected areas due to exceptional events, but those extensions are confined to filings in the designated geographic area and do not provide automatic consequential extensions for taxpayers whose records or operations in affected areas delay completion of returns filed elsewhere. It is desirable that assessing officers be empowered to grant time extensions upon a showing of reasonable cause where exceptional circumstances materially impede preparation and submission of returns and related reports. en-us Mon, 22 Sep 2008 00:00:00 +0530 Mon, 22 Sep 2008 10:27:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=178 Extensions of filing deadlines for income tax returns and tax audit reports have been granted for specified affected areas due to exceptional events, but those extensions are confined to filings in the designated geographic area and do not provide automatic consequential extensions for taxpayers whose records or operations in affected areas delay completion of returns filed elsewhere. It is desirable that assessing officers be empowered to grant time extensions upon a showing of reasonable cause where exceptional circumstances materially impede preparation and submission of returns and related reports. Articles Income Tax Mon, 22 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=178