CBDT has extended the income tax return filling date till 05/08/2016 instead of 31/07/2016
the Finance Ministry in a statement said, “As per provisions of Section 139(1) of Income-tax Act 1961, Central Board of Direct Taxes extends the due date for filing returns of Income for Assessment Year 2016-2017 from July 31, 2016 to August 5, 2016, in case of taxpayers throughout India who are liable to file their Income-tax by July 31, 2016.”
This extension, it said, is given in order to avoid any inconvenience to the taxpayers while making payment of taxes pertaining to returns of income for Assessment Year 2016- 2017 by July 31, 2016 due to bank strike on July 29 and July 31 being a bank-holiday.
So hurry those who have left to submit income tax return…