DUE DATE FOR FILING IT RETURNS EXTENDED TO 31ST AUGUST FOR MAHARASHTRA AND GUJARAT ONLY

By Vijay Kumar

Central Board of Direct Taxes has clarified that the due date for filing of returns for non-company assessees whose accounts are not required to be audited under the Income Tax Act is 31st July, 2005 which being a Sunday, returns filed on 1st August, 2005 shall be deemed to have been filed by the due date.

Considering the disruption caused by heavy rains, the due date for filing of returns has been extended to 31st August, 2005 for assessees in the States of Gujarat and Maharashtra only. Others should file the returns by 1st August. This date will most probably be extended on the 1st August 2005. But DDT’s advice is file that return latest by Monday.