The Central Board of Direct Taxes (CBDT) has extended the due date for filing income tax returns ITR for assessment year 2012-13 to August 31 from  July 31. This means, you can file your I-T returns for FY2011-12 till August 31, 2012. CBDT, in a notification said, “On consideration of the reports of disturbance of general life [...]

Income Tax department today published a advertisment in leading dailies informing about the last date of filing tax return is July 31, 2012. It also features the following: Its mandatory to e-file tax returns if the income exceeds Rs. 10 Lakh for FY 2011-12. A salaried employee with Rs. 5 Lakh income is exempted from [...]