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of <h1>Wealth Tax Return Deadline Extended to Feb 29, 1972, for Agricultural Landowners for 1970-71 and 1971-72.</h1> The circular issued on February 17, 1972, grants an extension for filing wealth tax returns for individuals and Hindu undivided families owning agricultural lands or related assets for the assessment years 1970-71 and 1971-72. The deadline is extended to February 29, 1972, allowing time for proper asset valuation. Commissioners are instructed to ensure the information is translated and publicized in regional languages. The extension applies to both voluntary returns and those prompted by issued notices. The Supreme Court upheld the relevant Wealth-tax Act provisions as constitutional in a prior judgment.
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