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 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.