CBDT extends return of Income / ITR Due date to 30.11.2014

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Due Date for filing of
return of Income for Assessment Year 2014-15 Extended from 30th September, 2014
to 30th November, 2014 in Specified Cases
F.No.153/53/2014-TPL
(Pt.I)
GOVERNMENT
OF INDIA
MINISTRY
OF FINANCE
(DEPARTMENT
OF REVENUE)
(CENTRAL BOARD
OF DIRECT TAXES)
North
Block, TPL Division,New Delhi


Dated: September 26, 2014

PRESS RELEASE
Subject: Extension of due date for
filing of Return of Income from 30th Sept, 2014 to 30th Nov, 2014 in
specified cases, regarding.

1.  As per the provisions
of the Income-tax Act, 1961 (‘the Act’), for an assessee, who is required to
obtain Tax Audit Report (TAR) under section
44AB of the Act, the due date for furnishing his return of income is 30 th
September of the Assessment Year.
2.  The Central Board of
Direct Taxes (‘the Board’) vide order dated 20th August, 2014 extended the due
date for obtaining and furnishing of Tax Audit Report under section 44AB of the
Act for Assessment Year 2014-15 from 30 th September, 2014 to 30 th November,
2014. Subsequently, a number of representations were received in the Board
requesting for extension of the due date for furnishing of return of income
also. Writ petitions were also filed in various High Courts for directing the
Board to extend the due date for furnishing of return of income from 30 th
September, 2014 to 30 th November, 2014 in conformity with the extension of the
due date for filing of Tax Audit Report.
3.  The Gujarat High Court
vide judgement dated 22.09.2014 (2014-TIOL-1681-HC-AHM-IT) directed the Board
to extend the due date for furnishing the return of income to 30 th November,
2014, except for the purposes of charging of interest under section 234A of the
Act for late filing of return of income. Other High Courts also directed the
Board to look into the practical difficulties of the petitioners and take a
just and proper decision in this matter.
4. In
compliance to
the judgments of various High Courts and after considering the representations
received for extension of the due date, the Board, in exercise of its power
conferred by section 119 of the Act, has extended the ‘due-date’ for furnishing
return of income from 30th September, 2014 to 30th November, 2014 for the
Assessment Year 2014-15 for all purposes of the Act in the case of an
assessee, who is required to file his return of income by 30th September, 2014,
and is also required to get his accounts audited under section 44AB of the Act
or is a working partner of a firm whose accounts are required to be audited
under section 44AB of the Act.
5.  There shall be no
extension of the “due date” for the purposes of charging of interest under
section 234A of the Act for late filing of return of income and the assessees
shall remain liable for payment of interest as per the provisions of section
234A of the Act.
6.   For removal of doubt,
it is clarified that for an assessee (other than working partner of a firm
which is required to obtain and furnish Tax Audit Report), who is required to
file its return of income by 30 th September, 2014 but not required to obtain
and furnish Tax Audit Report under section 44AB, the due date for furnishing of
return of income for assessment year 2014-15 remains as 30 th September, 2014.

(Rekha
Shukla)

Commissioner of Income Tax
(Media & Technical Policy)
Official Spokesperson, CBDT
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