Dear Federation Family,

Covid-19 vaccination is in full swing in the Country. I hope all of you and your family members got vaccinated. The cases of Covid have substantially reduced in the Country. Keeping this in mind, we have organised physical two days National Tax Conference on 2nd & 3rd October, 2021 at Katra, Jammu. We have also decided to physically celebrate 45th Foundation Day on 11th November, 2021 at Pune alongwith two days National Tax Conference on 12th & 13th November, 2021. I request all the members to join in large numbers for both the programmes. In my earlier communication, I have informed that we are organising the National Tax Moot Court Competition in the memory of Padma Vibhusan Late Dr. N. A. Palkhivala, Senior Advocate, in association with Maharashtra National Law University, Mumbai and The Goods and Services Tax Practitioners’ Association of Maharashtra, Mumbai. We have invited all the law colleges of India to take participation in the Moot Court. Please note the said Moot Court will be organised on virtual mode.

Please note that Zonal Election for the term 2022 & 2023 are already scheduled and Notices of all the 5 zones are printed in our AIFTP Times for the month of September, 2021 and also are uploaded on our website i.e.
www.aiftponline.org.

Central Board of Direct Taxes (CBDT) has further extended due dates for filing of Income Tax Returns and various report of audit for the Assessment Year 2021-22. I am sure this will give relief to the members for performing their duties. We are thankful to Finance Ministry to extend the dates well in advance on consideration of difficulties reported by the tax payers and other stakeholders in filing of Income Tax Returns and various reports of audit and glitches in the tax portal.

The Institute of Chartered Accountants of India has further provided appropriate time limit of generating UDIN of 60 days instead of 15 days.

I am happy to inform that Hon’ble Mr. Justice Rajesh Bindal has been elevated as Chief Justice of Allahabad High Court. It is proud moment for AIFTP as he is our esteemed member and closely associated with all of us. Our heartiest congratulations and all the very best for his new assignment.

I am also happy to inform that our Member Mr. Kamlesh Rathod has been appointed as Accountant Member of Income-tax Appellate Tribunal. Our heartiest congratulations and we wish him all the best.

GST Council in its meeting held on 17th September, 2021 extended concessions to specified drugs used in COVID 19 treatment till December 30, 2021 which is a very positive move in the current scenario.

I request all of you to stay safe with social distance, frequent sanitizing and wearing mask always and further follow rules and regulations announced by the Government time to time.

Place: Eluru 
Dated: 18-9-2021

M. Srinivasa Rao
National President, AIFTP