The Prime Minister said the ITR news was one of the two positive developments coming to light in the first year of the Amrit Kaal, the 25-year period up to the centenary year of India’s Independence in 2047.
The CBDT said the deadlines have been extended in order to "provide more time to taxpayers for furnishing”.
The due date for Income Tax Return for the year ending 31st March, 2018 is JULY 31, 2018. If the same is not filed before due date, it can be filed along with the penalty.
The Centre has extended the last date for filing service tax return by five days to April 30, in a…
