The last date for making declarations under the Income Declaration Scheme 2016 is 30th September, 2016 which coincide with the last date of filling Income-tax returns by the tax payers whose accounts are audited and who are required to furnish the returns of income for Assessment Year 2013-17 by 30th September, 2016 as per provisions of Section 139(1) of Income Act, 1961.

In order to remove inconvenience and to facilitate ease of compliance, the Central Board of Taxes, in exercise of powers under section 119 of the Income tax Act, 1961, hereby extends the ‘due-date’  for furnishing such returns of Income for 30th September, 2016 to 17th October, 2016, in case of tax payers throughout India, who are liable to furnish their Income-tax return by the said ‘due-date’.

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