Form 1 of Pradhan Mantri Garib Kalyan Yojana (PMGKY) submission date extended upto 10 April if Tax and deposit made upto 31-3-2017

CBDT has clarified vide Circular No. 12 of 2017  [F.No.370142/33/2016-TPL(Part)] dated 31st of March, 2017 that considering the rush in banks during last days of financial year, which also happens to be the last date of filing declaration under the Scheme, CBDT has decided that if an assessee has made payment of tax, surcharge, penalty and deposit under the Scheme, in the banks by the closing hours of 31st March, 2017, he shall be allowed to file declaration in Form No.1under the Scheme by the 10 th of April, 2017.

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