Monthly Archives: July 2016

New Due Date to File ITR for AY 2016-2017

Central Board of Direct Taxes in exercise of powers conferred under section 119 of the Income Tax Act, 1961, wide their order no. 225/195/2016/ITA. II, extends the due date of filing of from 31st July 2016 to 5th Aug. 2016 for the assessee who are required to file return of income as per section 139(1) on… Read More »

Amplifications on the Income Declaration Scheme, 2016

Circular No. 27of 2016 F.No.142/8/2016 TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated14th day of July, 2016 Income Declaration Scheme, 2016 – Amplifications The Income Declaration Scheme, 2016 (hereinafter referred to as ‘the Scheme’) came into effect on 1st June, 2016. To address doubts and… Read More »