CBDT has issued a notification on 28th Nov., 2014 to extension of date for submission of Audit Reports from 30th Nov., 2014 to 31st March, 2015 for the Assessee in Jammu & Kashir.
CBDT further state that due to floods in the State of Jammu & Kashmir, therefore under section 119 of Income Tax Act, 1961 ('Act') and in continuation to the earlier order under section 119 of the Act dated 16.09.2014, hereby further extends the "Due Date" of furnishing return of income from 30th Nov., 2014 to 31st March, 2015, in cases of Income Tax Assessees in the State of Jammu & Kashimir which are covered under clause (a) or clause (aa) of Explanation 2 to sub section (1) of section 139 of the Act.
The "due date" for obtaining and furnishing reports of audit for the assessees in the State of Jammu and Kashmir under various provisions of the Act pertaining to such returns of income is also extended to 31st March, 2015.
Extended due Date Notification is as under: