Income Tax Alert! CBDT extends last date for payment of Advance Tax in these states

By: |
Updated: Dec 16, 2019 6:15 PM

Date for December installment of Advance Tax payment for FY 2019-20 has been extended.

advance tax paymentAdvance tax payment date for December has been extended.

Advance Tax 2019-20: The Central Board of Direct Taxes has extended the last date for payment of December installment of Advance Tax for Financial Year 2019-20 in North Eastern states. The last date has been extended in the wake of large-scale disruption of internet services in several states in the North East.

The Union Ministry of Finance today said in a statement: “Considering the large-scale disruption of Internet Services in the North Eastern States-Assam, Tripura, Arunachal Pradesh, Meghalaya, Nagaland, Manipur and Mizoram,  the Central Board of Direct Taxes, in exercise of powers conferred under clause (a) of sub-section (2) of section 119 of the Income-tax Act, 1961, has decided to extend the last date for payment of December installment of Advance tax for FY 2019-20, from 15th December, 2019 to 31st December, 2019 in case of all the assesses, Corporate and other than Corporate, in the above mentioned  States.”


Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, Check out latest IPO News, Best Performing IPOs, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Income Tax refunds worth Rs 1.76 lakh cr issued between Apr 1-Jan 18
2Budget 2021 Expectation: Exempt LTCG tax on equities to boost capital markets
3Income Tax raid: I-T dept detects Rs 450-crore black money after raids in Kolkata