CA NeWs Beta*: Extension of due date of filing Return of wealth for A.Y, 2015-16-clarification

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Monday, July 27, 2015

Extension of due date of filing Return of wealth for A.Y, 2015-16-clarification

F.No.328/08/2015-WT
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi, dated the 27 th July, 2015
 To All Pr. Chief Commissioners of Income-tax
Subject: Extension of due date of filing Return of wealth for A.Y, 2015-16-clarification
In terms or Explanation to sub-section (1) of section 14 of the Wealth-tax Act 1957, ‘due date' of filing Return of wealth in relation to an assessee under the Wealth-tax Act shall be the same date as that applicable to an
assessee under the Income-tax Act under the explanation to sub-section(1) of Section 139 unite Income-tax Act.
2. Central Board of Direct Taxes vide order under section 119 of the Income-tax Act F.No.225/154/ 2015/ETA-11 dated 10.6.2015 has extended the 'due date' for filing Return of Income for assessment year 2015-16 in respect of assessees falling under clause (c) of explanation 2 to sub-section (1) of section 139 of the Income-tax Act from 31.7.2015 to 31.8.2015, In view of the same, the 'due date' for filing Retain of wealth by such assessees for assessment year 2015-16 also stands extended from 31 st July 2015 to 31 st August 2015.

3. This issues with the approval of Chairperson, CBDT.
- See more at: http://abcaus.in/wealthtax/extension-due-date-return-filing-ay-201516-from-31072015-to-31082015.html#sthash.yVRPezOM.dpuf

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