In view of the devastation caused by the flood and natural calamities in number of Indian States, the CBDT is very much likely to extend the due date of 31st July, 2016 for filing of income tax return for Assessment Year 2016-17 by at least two months for districts/cities affected by flood/natural calamities.
The worst hit States for which an extension of due date is quite desirable are as under:
Assam
West Bengal
Bihar
Arunachal Pradesh
Uttarakhand
Madhya Pradesh
Maharashtra
Odisha
Uttar Pradesh
It can be safely assumed that an extension order is in the anvil. In fact, in past also CBDT has used its powers under section 119 of the Income-tax Act, 1961 to grant suitable extensions under these circumstances.
CBDT, in view of Bank Strike/Holiday has extended the due date from 31-07-2016 to 05-08-2016 all over India Click Here >>
Addition deleted as assessee was only a carrier of cash and the real owner had come forward owning the cash…
Lokayukta Police not an ‘intelligence and security’ organisation and hence not exempt from disclosure of information under RTI Act 2005…
Payment of imprest whether a transfer within the meaning of section 269ST – case remanded for determination In a recent…
CA Misconduct – Appellate order quashed as final judgment was not passed by same members who heard arguments. In a…
Deceased homemaker can not be considered as dependant for award of compensation under MV Act. Courts to award a composite…
CIT Revision notice u/s 263 quashed as the Assessing Officer rightly taken DVO value of property sold as actual sale…
View Comments
Sir I could not file my ITR-1within the stipulated date of 31.7.2016.Now I wish to file the same at the earliest. Kindly let me know the procedure.
just file your return with interest u/s 234ABC if appplicable.