In an order issued today, the Central Board of Direct Taxes(CBDT) has extended the last date for filing of Income tax returns by taxpayers whose accounts are required to be audited under Income Tax Act has been extended to 17th October 2016.
The last date for making declaration under the Income Declaration Scheme 2016 is 30th September, 2016 which coincides with the last date of filing Income Tax returns by the taxpayers whose accounts are audited and who are required to furnish the returns of income for Assessment year 2016-17 by 30th September, 2016 as per the provisions of Section 139(1) of the Income Tax Act, 1961.
“In order to remove the inconvenience and to facilitate ease of compliance, the Central Board of Direct Taxes, in exercise of powers conferred under section of the Income Tax Act, 1961, hereby extends the ‘due date’ for furnishing such returns of Income from 30th September, 2016 to 17th October, 2016, in case of tax payers throughout India, who are liable to furnish their Income Tax return by the said ‘due-date’”, the CBDT said in the order.
Read the full text of the order below.
