Due Date of filing of Wealth Tax Return for Financial Year 2015-16 deferred to 31st August, 2015

Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

New Delhi, dated 27th 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-II 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.

profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates