The central Board of Taxes has extended the time limit for filing Income tax Return Forms ITR -V filed electronically for the assessment year 2009-2010 upto 31st of December this year or 120 days from the date of filing whichever is later. According to an official statement, many of these tax payers have either not filed their Income tax returns or filed them with the local Income Tax office. The statement made it clear that ITR-V form is accepted only at the Centralised Processing Centre, CPC of the Income Tax Department at Bengaluru by ordinary or speed post. This final opportunity is being given to such tax payers to regularise their Income tax returns.