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« Govt set to scrutinise end use of public issue funds... | Govt might give tax benefits on bio fuels... » |
Corporates can now file IT, FBT returns by Nov 30 |
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October, 25th 2006 |
The government on Tuesday extended the last date for filing IT and FBT returns for corporates, barring those in Gujarat, by a month till November 30, after representations were made from various quarters in this regard.
Its mandatory for corporates now to file these returns online.
The date has been extended following representations from some sections of taxpayers and professionals that they may not be able to complete their filing process by October 31, an official statement said.
"This is primarily because there were many holidays in October as a result of which some of them faced certain difficulties in adapting to new format and new procedure for filing returns," an official statement said.
No further extension will be granted beyond November 30, the statement said.
The corporates in Gujarat can file these returns by December 31 as the state was in grip of floods as per earlier official statement.
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