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Last Date for Advance Tax Payment extended 18-03-2014 for FY 2013-14

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Advance tax Payment date Extention

Press release-Ministry of Finance


14-March, 2014 17:21 IST

Date of Payment of Final Installment of Advance Tax Extended from 15th March to 18th March 2014


The Final Installment of Advance tax for Financial Year 2013-14 is required to be paid on or before 15th March, 2014 by the tax payers who are liable to pay advance tax.

These taxpayers can make payments in the designatedbranches of the authorized banks, electronically or physically, as per law. Thebanks are open for half day on 15th March, 2014, being a Saturday. Accordingly,to facilitate payment of this installment of Advance tax for the Financial Year2013-14, the Central Board of Direct taxes (CBDT) has issued an order to extendthe time limit to make such payments of Advance Tax, from 15th March, 2014 to18th March, 2014.

Taxpayers, therefore, can now pay their advance taxinstallment by Tuesday, 18th March, 2014 without entailing any consequentialinterest for deferment.  

DSM/KA  
(Release ID :104607)

Copy of Notification


F.No.385/8/2013-IT(B)

Governmentof India

Ministryof Finance

Departmentof Revenue

Central Boardof Direct Taxes

 

North Block,IT-Budget Division

New Delhi.the 14 th March, 2014

 

Order under Section 119(2)(a) of the Income-tax Act, 1961

 

In exercise of power conferred undersec 119 (2) (a) of the Income-tax Act, 1961. The Central Board of Direct Taxes hasdecided to extend the last date of payment of the March Quarter Instalment ofAdvance Tax for the Pinancial year 2013-14, from 15th March, 2014 to 18 th March, 2014 for all the assessees, Corporate and other than Corporates.

Sd/

 (SandeepSingh)

UnderSecretary to the Government of India

Copy to:

1) PS to FM/OSD to FM/PS to MOS (R)/OSD to MOS(R ) 2) PS to Secretary (Revenue) 3) Chairperson (DT). All Members.Central Board of Direct Taxes 4) DGIT (Systems) for necessaryconsequential action 5) All DsGlT/CCslT

6) All Joint Sccretaries/CslT, CBDT 7) Director/Deputy Secretaries/UnderSecretaries of Central Board of direct Taxes 8) DIT (RSP&PR)/Systems. New Delhi,for appropriate publicity by putting it on departmental website 9) The C&AG of India (30copies)

10) The JS & Legal Advisor, Ministryof Law & Justice. New Delhi. 11) The Director General of IncomeTax, NADT, Nagpur

12) The Institute of Chartered Accountantsof India. IP Estate, New Del hi-ll 0002 13) All Chambers of Commerce

14) CIT( OS D), Official Spokespersonsof CBDT 15) Database Cell with a requestto upload the order on the website www.irsofficersonline.gov.in

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