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Wednesday, Jul 31, 2002

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Deadline for I-T returns extended till August 9

Our Bureau

NEW DELHI, July 30

THE Finance Ministry has extended the deadline for filing income-tax returns to August 9 and relaxed the condition for quoting PAN on bank challans.

The extension of the deadline by nine days is aimed at facilitating better compliance given that there has been a noticeable increase in the number of tax filers this year.

The Ministry has also advised the RBI to relax the provisions for quoting PAN and tax deduction account number in bank challans.

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