Friday, July 22, 2005

LAST DATE FOR FILING INCOME TAX RETURNS - AUGUST 1, 2005

The Finance Ministry on 20-07-2005 said that the last date for individuals and other non-corporate taxpayers to file their income tax returns for the financial year 2004-05 will be August 1, 2005.

Returns filed on August 1, 2005 will be deemed to have been filed within the due date of filing returns, i.e. July 31, 2005.

The Ministry has so far said there would be no extension of the last date for filing returns for this financial year.

The Ministry has directed tax authorities to make arrangements to accept returns on July 30 and 31, 2005 which happen to be government holidays.