Friday, March 30, 2012

Income Tax to open on Saturday, 31st March, Bank to have extending working hours on 30th &31st .

The government today said all Income Tax (IT) offices throughout the country will remain open tomorrow to facilitate filing of returns on the last day of financial year 2011-12.
“As the financial year (2011-12) closes on March 31, 2012 falling on Saturday, all the IT offices throughout India to remain open on this day. The receipts counters will also work during normal office hours,” Central Board of Direct Taxes (CBDT) of the Finance Ministry said in a notification today.
The CBDT has also directed that special arrangements may also be made by way of opening additional receipt counters, wherever required on March 31 to help the taxpayers in filing their income returns.
View CBDT Notification
The Reserve Bank of India asked banks to have extended working hours on March 30 and 31, 2011, to facilitate receipt of government revenue from members of public even at late hours.
View RBI Notification
It has been decided in consultation with the Controller General of Accounts that all regional offices of RBI and branches of agency banks conducting government business will suitably extend the banking hours to conduct government business by keeping their counters open for the purpose on March 30 and 31, 2011, the central bank said in a statement.

This will facilitate receipt of revenue from members of public even at late hours, it said.
It will help in accounting of all the government transactions of the current financial year (2010-11) by March 31, 2011, it added.

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