The last date of payment of December 2015 installment of Advance Tax for both Corporate and Non-Corporate Taxpayers in the State of Tamil Nadu and Union territory of Puducherry has been extended from 15.12.2015 to 31.12.2015 in view of unprecedented rainfall and floods in these areas.

The Central Board of Direct Taxes(CBDT) has issued an Order under Section 119 (2)(a) of the Income-tax Act, 1961 in this regard.

As a result of this extension, Advance Tax deposited in the Government account on or before 31.12.2015 will be treated as payment within the statutory time for payment of December 2015 installment.  

A copy of the Order dated 15.12.2015 is available on the website of the Department www.incometaxinfia.gov.in.

Extension of Advance Tax deadline provides temporary compliance relief, treating payments made by the extended date as timely. Extension of the last installment deadline for payment of Advance Tax: the tax authority issued an administrative order under the Income-tax Act extending the date for deposit of the December installment due to severe rainfall and floods; Advance Tax deposited into Government accounts on or before the extended date will be treated as timely payment for that installment.