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Monday, September 12, 2016

Due date for filing of Income Tax Returns extended to 17th October, 2016

Press Information Bureau
Government of India
Ministry of Finance
12-September-2016 12:12 IST


Government extends due date for filing of Income Tax Returns from 30th September, 2016 to 17th October, 2016 
The due date for filing of Income tax returns by tax payers whose accounts are required to be audited under the Income Tax Act is the 30th September of the following year. The tax payers whose business receipts exceed Rupees one Crore or professional receipts exceed Rupees twenty-five Lakh during the previous year 2015-16 are required to file an Income Tax return accompanied by an audit report by the above mentioned due date.


However, taking into consideration that the last date for making declarations under the Income Declaration Scheme 2016 is also 30th September, 2016, the Central Board of Direct Taxes (CBDT) has decided to extend the last date for such returns which were due on 30th September, 2016 to 17th October, 2016 in order to remove inconvenience and to facilitate ease of compliance.

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