WORLD OF CRISIS

Jul 31, 2013

Last date for filing I-T returns extended to Aug 5


The government today extended the last date for filing of income tax returns by five days to August 5. The due date, which was Wednesday, has been extended in wake of "unprecedented surge" in number of I-T returns being filed electronically. As per the central board of direct taxes (CBDT), there has been an unprecedented surge in number of returns being e-filed.
   
"As a measure of taxpayer's convenience, it has been decided to extend the due date of filing of returns from July 31, 2013 to August 5, 2013," finance ministry said. Till July 30, 2013, about 92 lakh returns have been electronically filed, which is 46.8% higher than the returns e-filed during the corresponding period last fiscal.

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