Friday, March 14, 2014

Advance Tax Date Extended to 18 March 2014

To facilitate payment of final installment 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 March 15 to March 18, 2014.

Taxpayers, therefore, can now pay their advance tax installment by March 18, 2014 without entailing any consequential interest for deferment.