Last date for E-filing extended to 31 August 2012

The deadline for income tax returns e filing has been extended to 31 August 2012. Tax filers will now get an extra month to file their e-returns.

To help tax payers with e-filing, the Income tax department has has set up kiosks in major cities.

Also salaried employees with total income less than Rs 5 Lakh and having less than Rs 10,000 in interest earned from bank accounts are exempted from filing tax returns for assessment year 2012-13. Tax payers are advised to check with the Income tax department to get details on other exceptions related to filing returns.