Wednesday 1 August 2012

CBDT CLARIFICATION :DUE DATE EXTENDED FOR ALL ASSESSEE to 31.08.2012



PRESS RELEASE [No. 402/92/2006-MC (20 of 2012)], dated 1-8-2012
A section of Media has reported that the Central Board of Direct Taxes has extended ‘due date’ of filing of returns to 31st August, 2012 in respect of only those returns which were to be e-filed by 31st July, 2012. It is clarified that the notification issued by the Board on 31st July, 2012 has extended the ‘due date’ of filing of all returns for the Assessment Year 2012-13 which were due to be filed by 31st July, 2012 to 31st August, 2012.

Yesterday CBDT issued a Notification regarding extension of due date which creates confusion among General publish due to using word Such .read complete notification here

Order under Section 119 of the Income Tax Act. 1961

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, the Central Board of Direct Taxes, in exercise of powers conferred under section 119 of the Income Tax Act, 1961, hereby extends the ‘due date’ of filing of returns of income for the Assessment Year 2012-13 to 31st August 2012 in respect of assessees who are liable to file such returns by 31st July 2012 as per provisions of section 139 of Income Tax Act, 1961.

So it is now clear that every body who is required to file return by 31.07.2012 is now can file return by 31.08.2012 ,so date extension is applicable in all non audit cases .



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