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CBDT's Order U/s 119 Extending ROI Due Date For AY 2014-15

In addition to the Press Release, the CBDT's formal order dated 26.09.2014 u/s 119 of the Income-tax Act, 1961 extending the due date for filing the return of income from 30.09.2014 to 30.11.2014 is also available. The Order explains in detail the circumstances in which the aforesaid extension is granted.

It may be noted that the benefit of the aforesaid extension is NOT available to companies which have suffered a loss and which are not required to get their accounts audited u/s 44AB, non-working partners of partnership firms, charitable trusts etc.

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