The Central Board of Direct Taxes (CBDT) has announced that the income tax return filing deadline has been extended for taxpayers who have international transactions and are required to furnish reports under Section 92E. The ITR filing deadline extension will mostly be applicable to entities taking part in international or specified domestic transactions. The ITR filing deadline for these taxpayers has been extended by 15 days from November 30, 2024, to December 15, 2024, for FY 2023-24 (AY 2024-25).

According to the press release: The due date for furnishing the return of income u/s 139 (1) of the Income-tax Act, 1961 (the Act) in the case of assessee who is required to furnish a report referred in Section 92E is the 30th day of November of the assessment year i.e. 30.11.2024 for the AY 2024-25. The due date, originally set as 30th November 2024, for assesses covered under clause (aa) of the Explanation 2 to sub-section (1) of Section 139, has now been extended to 15th December 2024 by CBDT circular no 18/2024.