Income Tax return - Due Date For Filing Extended to 31 August
CENTRAL Board of Direct Taxes (CBDT), in exercise of powers conferred under section 119 of the Income Tax Act, 1961, has extended the ‘due date' of filing of returns of income for the Assessment Year 2012-13 to 31st August 2012. This has been done in respect of assesses who are liable to file such returns by 31st July 2012 as per provisions of section 139 of Income Tax Act, 1961.
This has been done 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.
Those who could not file the return until yesterday need not wait for the rush on the last day of August to file the return. Better, file early.
Order under Section 119 in F.No. 225/163/2012/ITA.I1, Dated: July 31, 2012