Extension of due date by CBDT

The CBDT hereby extends the ‘due-date’ for furnishing return of income from 30th September, 2014 to 30th November, 2014 for the assessment year 2014-15, in case of an assessee, who is a company required to get its accounts audited under section 44AB of the Act or is a working partner of a firm whose accounts are required to be audited under section 44AB of the Act. Provided that, assessees shall remain liable for payment of interest as per the provisions of section 234A of the Act.

For an assessee who is not required to obtain and furnish tax audit report under section 44AB, the due date for furnishing of return of income for assessment year 2014-15 remains as 30th September, 2014.

To view the full circular, please follow the link

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