what is the deadline for contesting income tax return
This year, the deadline to file income tax returns (ITR) has been extended to 31 August from 31 July. Here is what happens if you miss the deadline for filing returns.Under the income tax law, if you donât file your ITR within the deadline (31 August for assessment year 2015-16), you can still file returns within two years from the end of the relevant financial year.This means, that you can file returns for financial year 2014-15 till 31 March 2017.his year, the deadline to file income tax returns (ITR) has been extended to 31 August from 31 July. Here is what happens if you miss the deadline for filing returns.