Extension of time for filing return for assessment year 1972-73 in cases where returns are due to be filed by June 30, 1972 - Waive of interest chargeable for period of delay up to July 31, 1973

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....where returns are due to be filed by June 30, 1972 - Waive of interest chargeable for period of delay up to July 31, 1973 1. I am directed to inform you that the Board have decided to extend the time for furnishing voluntary returns of income and net wealth for the assessment year 1972-73 till July 31, 1972, in cases where such returns are due before that date. A copy of the Press Note dated 19....

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....of the period of delay up to the end of July 1972 in such cases. In terms of the proviso to the aforesaid rule, the previous approval of the Inspecting Assistant Commissioner will have to be obtained by the Income-tax Officer in cases where the amount of interest to be so waived exceeds one thousand rupees. Circular : No. 88 [F. No. 142(12)/72-TPL], dated 19-6-1972. ANNEX - PRESS NOTE REFERR....