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News INCOME TAX

  • May 28, 2025
  • No extension in ITR filing deadline for these taxpayers – Are you one of them?

    In a relief for crores of income tax assessees, the Central Board of Direct Taxes (CBDT) has extended the ITR (Income Tax Return) filing due date by 45 more days, until September 15, 2025. The earlier deadline for filing returns in non-audit cases is not required was July 31, 2025.

    This has come as a big relief, especially for salaried taxpayers who usually start filing their returns after June 15, after receiving Form 16 from their employers. These taxpayers typically have less than 45 days to comply with their tax return filing obligations, as most companies begin releasing Form 16 for their employees in the third and fourth weeks of June.

    It should be noted here that the deadline for filing income tax returns in cases where accounts need to be audited has not been changed. These taxpayers have to file their ITRs by October 31, 2025.