Here's some good news for those who are yet to file their income tax (I-T) returns electronically. The I-T department has said the time limit for filing ITR-Vs (income tax returns filed electronically without digital signature certificate) for assessment year 2010-11 (filed during FY 2011-12) and for ITRs of assessment year 2011-12 (filed on or after April 1, 2011) has been extended till February 28.

For returns filed for assessment year 2012-13 for which ITR-V forms are yet to be received at the central processing centre and where the 120-day period has also lapsed, the date for filing ITR-Vs has been extended till March 31 or 120 days from the date of uploading the electronic return data, whichever is later.