Income Tax -Last Date for Filing Returns -Extended -in J&K
CONSIDERING the large scale devastation in September, 2014, due to floods in Jammu & Kashmir, the CBDT had, in exercise of powers conferred under section 119 of the IT Act, 1961, extended the due date for filing income tax returns from 30th September 2014 to 30th November 2014. This ‘due date' has been further extended to 31st March, 2015 in cases of Income-tax assessees in the State of Jammu & Kashmir which are covered under clause (a) or clause (aa) of Explanation 2 to sub-section (1) of section 139 of the Act.
The 'due date' for obtaining and furnishing reports of audit for the assessees in the State of Jammu and Kashmir under various provisions of the Act pertaining to such returns of income is also extended to 31st March, 2015.
CBDT Order Section 119, Dated: November 28, 2014