Separator

Income Tax Department Extends Deadline for Tax Audit Report

Separator

img

The Income Tax department extended the deadline for submission of audit reports for the 2024-25 fiscal years by one month till October 31. The Central Board of Direct Taxes (CBDT) said the income tax return filing portal is working smoothly and more than 7.57 crore ITRs have been filed till September 23, 2025.

Till September 24, about 4.02 lakh tax audit reports were uploaded with over 60,000 of them uploaded on September 24 alone. The CBDT said it has received representations from various professional associations, including chartered accountant bodies, highlighting certain difficulties being faced by taxpayers and practitioners in timely completion of the audit report.

The reasons cited in these representations include disruptions caused by floods and natural calamities in certain parts of the country, which have impeded normal business and professional activity. This matter has also come up before High Courts.

"However, keeping in view the representation of the tax practitioners and their submissions before the Hon'ble Courts, the 'specified date' for furnishing of the report of audit under any provision of the Income-Tax Act, 1961, for the previous year 2024-25 (Assessment Year 2025-26) is extended from 30th September, 2025 to 31st October, 2025," the CBDT said.

Also Read: CBDT's New Amendment to Rules Aims to Improve Trust Income Reporting 

It is clarified that the Income-Tax e-filing portal has been operating smoothly and without any technical glitches and the tax audit reports are being uploaded successfully. The system is stable and fully functional, enabling submission of various statutory forms and reports, it added.

Also Read: Lok Sabha Passes Taxation Laws (Amendment) Bill Amid Din

Faced with glitches on the portal, the income tax department had on September 15 extended the deadline for filing ITR by individuals and those who do not have to get their accounts audited by one day. Over 7.54 crore ITRs were filed till September 16. Of these, 1.28 crore taxpayers paid self-assessment tax till September 16.

Also Read: XIMB Hosts 7th Annual Business Excellence Summit 2025

 

In Print




Most Viewed

From 'Volume' to 'Value': India Inc's Mantra to Capture the Global Pharmaceutical Market A Fight Back from Arabian Peninsula When will The Tech Industry’s Lay-off Season End? The Story of a Broken Trust Technology Key To Global Travel Recovery What To Keep In Mind When Selecting The Right Air Compressor For Replacement? The Best Way to Recover from Ransomware Attacks How Tensions Grew Worse between Elon Musk and Donald Trump New Markets, New Brands: Tailoring Success for Different Places Empowered Leadership in a Changing Legal World Four Key Steps For Healthcare Providers To Combat Ransomware Turning Vision into Value: How I Built Purposeful Digital Ecosystems in the UK Dave Thomas: A Role Model for Aspiring Entrepreneurs, Philanthropists Digital Analytics Products: How Organizations Choose Them Kelly Ortberg: The New Boeing CEO Who is Already on the Headlines India’s Military Alacrity for Modern Threats Reshma Saujani: Reshaping Social Attitudes Around Gender and Tech India is Manifesting Leadership in Drone Technology 5 Greatest Role Models in the Manufacturing Industry Creating a Stronger Ecosystem by Fixing the Nuts & Bolts of the Economy Microsoft for India: Making India for Future Ready India's UPI Launch in France Opens Gateway to Global Fintech Power Tim Cook Nears Retirement, Who Will Take Over Apple's Throne? Soil Based Microbial Fuel Cells Could Protect the Environment from Flammable Chemicals The mantra of Academic Collaboration Echoes on this Teachers’ Day Indian semiconductor Boom Has Abundant Room for SME-preneurs Indian Healthcare Ecosystem is Hosting a Multidimensional Paradigm Shift Being a True Republic: You Got to Love this New, Powerful India Qatar World Cup 2022 Might Be Over, But Arabian Peninsula’s Sports Dream is Just Beginning Reimagining the UK–India Partnership in a Changing Global Order These Schemes Will Facilitate Women Entrepreneurs Decarbonization & Sustainable Future: Technology & What it can Do?


🍪 Do you like Cookies?

We use cookies to ensure you get the best experience. Read more…