Reasonable and rational extensions are desired to avoid repeated circulars, avoid uncertainty, confusion and to avoid wastage of time of bureaucrats officers and taxpayers and Compliances before last date need to be incentivised.

Reasonable and rational extensions are desired to avoid repeated circulars, avoid uncertainty, confusion and to avoid wastage of time of bureaucrats officers and taxpayers and Compliances before last date need to be incentivised. https://www.taxtmi.com/article/detailed?id=9954 The note advocates adopting reasonable and rational extensions for statutory filing deadlines in light of COVID-19 and portal-related e-filing difficulties, criticises successive short extensions and retrospective regularisation as creating uncertainty, and proposes a consolidated general circular, pecuniary incentives for early compliance, and an accumulated "credit days" mechanism operable via computerized systems. en-us Mon, 16 Aug 2021 09:16:20 +0530 Mon, 16 Aug 2021 09:16:20 +0530 TaxTMI RSS Generator Reasonable and rational extensions are desired to avoid repeated circulars, avoid uncertainty, confusion and to avoid wastage of time of bureaucrats officers and taxpayers and Compliances before last date need to be incentivised. https://www.taxtmi.com/article/detailed?id=9954 The note advocates adopting reasonable and rational extensions for statutory filing deadlines in light of COVID-19 and portal-related e-filing difficulties, criticises successive short extensions and retrospective regularisation as creating uncertainty, and proposes a consolidated general circular, pecuniary incentives for early compliance, and an accumulated "credit days" mechanism operable via computerized systems. Articles Other Topics Mon, 16 Aug 2021 09:16:20 +0530 https://www.taxtmi.com/article/detailed?id=9954