Last date for filing Income Tax returns for FY 2016-17 extended to August 5

Last date for filling the Income tax returns for year ended 2016-17 has been extended to August, 5th from existing 31st July. Decision is taken considering the online snag face by Income tax online filling site due to heavy traffic.

Further, Income Tax has also informed that the an amount of Rs. 58,783 crore has already been received as advance tax up to June 30 reflecting a growth of 11.9 percent over the advance tax payments of the corresponding period of last year.

The department has received over 2 crore returns filed electronically.

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