F. No. 279/Misc./M63/2017 [T]

Governement of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

Dated 31-05-2017

Order Under section 119 of the Income- tax Act, 1961

The last date for furnishing the statement of financial transactions under Rule 114E(5) of the Income Tax Rules, 1962, (the Rules) read with sub-section (1) of section 285BA of the Income Tax Act, 1961, (the Act) is 31st May, immiediately following the Financial Year in which the transaciton is registered or recorded, i.e. for Assessment year 2017-18 the last date of furnishing the said statement is 31st May 2017.

In order to remove inconveience and to facilitate ease of compliance, the Central Board o Direct Taxes, in exercise of powers of financial conferred under section 119 of the Act, hereby extends the date of furnishing of the statement of financial transactions under Rule 114E(5) of the Rules, read with sub-section (1) of section 285BA of the Act for Assessment Year 2017-18 from 31st May 2017 to 30th June 2017 in case of persons throughouts India who are liable to furnish the said statement.