EXTENSION OF DUE DATE OF FILING RETURN OF WEALTH FOR A.Y. 2015-16

The Central Board of Direct Taxes (“CBDT”) vide Notification F. No. 328/08/2015-WT dated July 27th, 2015 has extended the due date of filing return of wealth for assessment year 2015-16.

Earlier, CBDT vide order F.No.225/154/ 2015/ETA-II dated June 10th, 2015 under section 119 of the Income-tax Act  had 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 July 31st, 2015 to August 31st, 2015.

In view of the same, the “due date” for filing Return of wealth by such assessees for assessment year 2015-16 also stands extended from July 31st, 2015 to August 31st, 2015.