Vinod Kumar P.R 09 December 2023

Income tax Assmt year 2020-21

Board of a public sector company noted the appointment of Auditors by the C&AG after 10 months of apppointment. Covid restrictions further delayed the audit and assessee failed to file ROI even on the extended last date of filing. Appellate authorities rejected the ROI and blaming the board for delay. please advice how to come out of this.
regards
VINOD

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This discussion concerns a public sector company that faced significant delays in filing its Income Tax Return (ROI) for the assessment year 2020-21. The appointment of auditors was delayed by the C&AG, and subsequent COVID-19 restrictions further hampered the process, leading to the missed extended filing deadline. Appellate authorities rejected the ROI, blaming the company's board. The original poster is seeking advice on how to resolve this complex situation.