Income Tax Due Date extended for filing returns to 31.8.2012

Income Tax Due Date extended for filing returns to 31.8.2012

Extends the due date of filing of returns of income for the assessment year 2012-13 to 31.8.2012

Finance Ministry has decided to extend the due date for filing the returns of income for the assessment year 2012-13 to 31st August 2012. A notification has been issued by the department of revenue today on its website regarding the above subject that “Order under sectino 119 of the Income Tax Act, 1961,
On consideration of the reports of disturbance of general life caused due to failure of power and further in consideration of the fact that the e-filing of returns for a specified category of individuals and HUF has been made mandatory, the Central Board of Direct Taxes, in exercise of powers conferred under section 119 of the Income Tax Act, 1961, hereby extends the ‘due date’ of filing of returns of income for the Assessment Year 2012-13 to 31st August 2012 in respect of assessees who are liable to file such returns by 31st July 2012 as per provisions of section 139 of Income Tax Act, 1961”.