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Untitled Document

No.402/92/2006-MC

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF DIRECT TAXES
NEW DELHI

Dated: March 14, 2014

PRESS NOTE

Date of Payment of the March Instalment of Advance Tax Extended from 15 th March 2014 to 18 th March 2014

The final instalment of Advance tax for Financial Year 2013-14 is required to be paid on or before 15 th March, 2014 by the tax payers who are liable to pay advance tax. These taxpayers can make payments in the designated branches of the authorized banks, electronically or physically, as per law. The banks are open for half day on 15 th March, 2014, being a Saturday. Accordingly, to facilitate payment of this instalment of Advance tax for the Financial Year 2013-14, the Central Board of Direct taxes (CBDT) has issued an order to extend the time limit to make such payments of Advance Tax, from 15th March, 2014 to 18 th March, 2014. Taxpayers, therefore, can now pay their advance tax instalment by 18 th March, 2014 without entailing any consequential interest for deferment.

Rekha Shukla
Commissioner of Income Tax (M&TP)
Official Spokesperson,
Central Board of Direct Taxes

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