« Top Headlines » Open DEMAT Account in 24 hrs  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Why you need not rush to file your ITR immediately  Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing  Section 80DDB tax benefits for specified illnesses: 5 things to know  Income tax slabs FY 2024-25: Five tips to help taxpayers decide between old and new income tax regimes  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal «  SC stays income tax notice against General Electric... CAG to tell govt about accounting irregularities... » Last date for filing return extended to Feb 29 December, 15th 2007 The government is extending the due date of filing of income tax return to February 29, 2008. The centre on Friday informed the Supreme Court that the due date for of filing of income-tax return was being extended in view of the confusion regarding filing of returns on prescribed new forms ITR-1 to ITR-8 or old Saral 2D forms. The due date is being extended for all categories of assessees in the country who were allowed to file returns in form no 2D (Saral ) and also for other assessees who may have filed returns in the old forms on or after May 14, 2007, it said. The draft order, prepared by the ministry of finance, was submitted by the additional solicitor general Mohan Parasaran to a bench headed by Justice B N Agrawal. It is proposed to be issued by Saturday, said government. The draft order says: with a view to enable such assesses to file returns in the specified forms prescribed for the assessment year 2007-08 , 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 for filling of income for all categories of assesses to February 29, 2008, if the assessee has filed the return on or after May 14, 2007, or filed the rerturn in a form other than one of the forms notified for assessment year 2007-08. The governments decision comes in backdrop of the confusion following a CBDT notification. The Board through a notification issued on May 14 for the assessment year 2007-08 substituted the old return forms by eight new returns under a series of ITR-1 to ITR-8 . As a naturally corollary, the returns were required to be filed on the prescribed forms for the current assessment year. However, in pursuance of the interim orders of of Allahabad high court (Lucknow Bench), Rajasthan high court (Jodhpur Bench) and Guwahati high court, the assessee were allowed to exercise the option of filling of returns in form No 2D (Saral) or any other old forms also. Apart from UP, Rajasthan and Assam, in some states also, the assessee may have filed returns in Saral 2D or any other old forms as well under the mistaken impression that they were permitted to do so.