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Advance tax payment date extended till Dec 31 for Tamil Nadu

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The Centre has extended the last date for payment of advance tax in Tamil Nadu and UT Puducherry till December 31 in view of recent unprecedented rainfall and floods in these areas.

“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 December 15, 2015 to December 31, 2015 in view of unprecedented rainfall and floods in these areas,” the Finance Ministry said in a statement today.

The Central Board of Direct Taxes (CBDT) has issued an Order in this regard.

“As a result of this extension, Advance Tax deposited in the Government account on or before December 31, 2015 will be treated as payment within the statutory time for payment of December 2015 installment,” the Ministry added.

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