The Central Board of Direct Taxes (CBDT), the highest authority for tax rules in India , has announced that the last date to file Income Tax Returns for AY 2025 -26 is extended from 31st July 2025 to 15th September 2025 . Filing your Income Tax Return (ITR) is a crucial legal responsibility for individuals and businesses in India . For the Assessment Year (AY) 2025 -26, the process involves new updates and deadlines, making it important to stay informed and comply with tax regulations. Filing your ITR on time helps you avoid penalties, interest, and ensures smooth tax compliance. Let us explore a step-by-step breakdown of the ITR filing process for Financial Year (FY) 2024-25, including the necessary forms, importa The Central Board of Direct Taxes (CBDT) has extended important filing deadlines under the Income - tax Act, 1961. This decision, announced on October 29, 2025 , comes after taxpayers reported issues like delays on the e- filing portal and complex procedures. Several High Courts also directed relief measures. The extension mainly benefits taxpayers who need a tax audit for Assessment Year (AY) 2025 -26, which relates to the Previous Year 2024-25. The goal is to reduce compliance stress while ... 2. In view of circular no.14/ 2025 dated 25th September, 2025 , due date of filing of audit report has been extended from 30th September, 2025 to 31st October, 2025 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, 1961. 3.
