Now, you get time till November 7 to file Income Tax Returns

The government has decided to extend until November 7 the last date for e-filing of income tax returns for those taxpayers who file audit reports.

A senior official said the Central Board of Direct Taxes (CBDT) took the decision to extend the deadline by a week, considering the "representations made by various stakeholders".

This is the second extension given to them after the first deadline expired on September 30 and it was extended until October 31.

Tax practitioner bodies had sought an extension from the government, saying they needed more time to file returns for entities where tax audit report or transfer pricing