Income Tax department today published a advertisment in leading dailies informing about the last date of filing tax return is July 31, 2012. It also features the following:
- Its mandatory to e-file tax returns if the income exceeds Rs. 10 Lakh for FY 2011-12.
- A salaried employee with Rs. 5 Lakh income is exempted from filing for IT returns provided he meets certain conditions.
- It also has detailed step by step instruction on how to e-file your IT return using income tax website.
Click on the below advertisement for enlarged view.