Deadline for filing tax returns extended to August 31

Central Board of Direct Taxes (CBDT) on Tuesday 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.

Central Board of Direct Taxes said that the extension has been done on because 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".