Extension of Due Date of Filing of Return of Wealth for AY 2015-16

To

All Pr. Chief Commissioners of Income Tax

SUBJECT : EXTENSION OF DUE DATE OF FILLING RETURN OF WEALTH FOR A.Y. 2015-16 – CLARIFICATION.

In terms of Explanation to sub-section (1) of section 14 of the Wealth-Tax Act 1957, ‘due date’ of filling Return of wealth in relation to an assesse under the Wealth-Tax Act shall be the same date as that applicable to an assesse under the Income-tax Act under the explanation to sub-section (1) of Section 139 of the Income-tax Act.

2. Central Board of direct Taxes vide order under section 119 of the Income-Tax Act  F. No.225/154/2015/ITA-II dates 10.6.2015 has extended the ‘due date’ for filling Return of Income for assessment year 2015-16 in respect of assesses falling under clause (c) of explanation 2 of 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 filling Return of wealth by such assesses 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.

1. Database Cell, CBDT with a request to upload on irsofficers online website.

2.ADG (Systems)-IV with a request to upload on incometaxindia.gov.in website.

3. Guard File.