Resentment Letter to FINMIN

Written by PracticeGuru
Summarised By PracticeGuru dated: 8th Jan, 2021

2 Min read

This is the summary article of main points of Resentment Letter written by Chartered Accountants Association, Surat dated 6 Jan, 2021

Resentment Letter to FINMIN

Income Tax Department’s actions are ultra-vires the Citizen’s Charter which talks about fair, courteous and reasonable treatment to the tax payers.

Chartered Accountats' and support staffs' health is deteriorating due to continuous work pressures. Reason is downtime or frequent changes in systems of ITD, GSTN or MCA21.

There is little recognition of CAs' efforts by government or their clients.

There is a kind of bossism from government officials while exercising their powers.

Resentment Letter to FINMIN

There is a need for Professional relations committee between Chartered Accountants and Officers of government.

Government servants are ignoring the communication from Chartered Accountants and their bodies associations. A formal reply is accepted.

There is new trend of issuing 1000s of Notifications by Government departments, for eg in GST there are 1004 notifications in 1285 days, almost 1 per day.

Extension of due dates is not handled well. It has badly affected Small and Medium Professionals.

Existing deadlines of ITD, GST, ROC result into serious labour law violations.

Whether or not Limitation Act applies to routine compliances under Income Tax, GST or ROC, the order of Hon’ble Supreme Court should be taken up in the spirit in which it was issued i.e. Public Safety

1. People’s Government should avoid Tax Terrorism, an atmosphere where tax payers are threatened by the stick of law in a times when both time and health are important.

2. Quality of Govt Tax and Compliance Webportals is not up to the mark.

3. Every year ITR and related forms are notified late. Utilities of Income Tax as well as GST are released late which should be avoided.

4. ITR processing is getting complicated with requirements of new details every year and it should stop.

5. Frequent changes in ITR utilities is not acceptable.

6. The 4% of population which pays tax should not be treated badly.

7. Continuous issuing of notifications should stop.

8. Recommendations of GST Council should be acted upon faster.

9. Continuously hammering tax payers and other stakeholders with intimations, notices, and reminders even on holidays should stop.

You may read the full letter here

Disclaimer: The information contained in this website is for general information purposes only. The information is provided by PracticeGuru and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Share this article

Grow your practice with PracticeGuru

Write for PracticeGuru

Send your articles to [email protected]. We publish them on our website with credit to you. Read all articles.

WhatsApp