• ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS
Wednesday, February 11, 2026
  • Login
Economy India
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories
No Result
View All Result
Economy India
No Result
View All Result
Home news

Tax Audit Report Submission Deadline Extended to October 31 for FY 2024-25; ITR Filing Deadline Remains Unchanged

by Economy India
September 26, 2025
Reading Time: 4 mins read
Tax Audit Report Submission Deadline Extended to October 31 for FY 2024-25; ITR Filing Deadline Remains Unchanged

Tax Audit Report Submission Deadline Extended to October 31 for FY 2024-25; ITR Filing Deadline Remains Unchanged

SHARESHARESHARESHARE

CBDT extends tax audit submission deadline by a month in response to professionals’ and businessmen’s requests amid natural disruptions, easing compliance pressures.


Mumbai (Economy India): The Income Tax Department has extended the deadline for submitting tax audit reports for the financial year 2024-25 from September 30 to October 31, 2025, following requests from professionals and business communities. The extension comes in light of multiple challenges, including disruptions caused by floods and other natural calamities across several states.

ADVERTISEMENT

The Income Tax Department clarified that the ITR filing deadline remains unchanged, ensuring taxpayers continue to file returns by the original deadline of July 31, 2025.


Reason for the Extension

The extension has been granted primarily due to operational difficulties faced by professionals, including Chartered Accountants, who highlighted the challenge of completing audits on time. Many businesses also experienced interruptions in their normal operations due to floods and other natural disasters, which impacted compliance schedules.

According to the Central Board of Direct Taxes (CBDT), “Floods and other calamities have significantly disrupted regular operations, making timely compliance difficult. This extension is intended to provide relief to affected taxpayers.”


Who Can Benefit from the Extension?

The extension applies mainly to taxpayers required to undergo tax audits under Section 139(1), Explanation 2(a) of the Income Tax Act. This includes:

  • Businessmen with high turnover
  • Professionals who are subject to mandatory audits

Smaller taxpayers and salaried individuals are not affected by this extension.

Tax Audit Report Submission Deadline Extended to October 31 for FY 2024-25; ITR Filing Deadline Remains Unchanged
Tax Audit Report Submission Deadline Extended to October 31 for FY 2024-25; ITR Filing Deadline Remains Unchanged

Portal Status and Submissions

The CBDT has assured taxpayers that the Income Tax e-filing portal is fully functional and stable. As of September 24, 2025, over 4.02 lakh tax audit reports had been successfully uploaded, including more than 60,000 submissions on the same day.

Meanwhile, the total number of ITRs filed up to September 23, 2025, reached 7.57 crore, indicating that portal functionality is robust and operational delays were caused primarily by external factors.


Official Notification

CBDT has confirmed that a formal notification updating the extended deadline will be issued shortly. While the decision has been announced through a press release, taxpayers are advised to regularly check the official income tax website for updates.


Scope of the Extension

This extension specifically applies to tax audit reports for FY 2024-25 and related audit filings under Section 139. It does not impact the ITR filing deadline, which remains July 31, 2025.

The extension provides additional time for businesses and professionals to complete compliance requirements, particularly for complex audits that require meticulous verification of accounts.


Public Response

Search trends on Google indicate a rising interest in tax audit submissions as the extended deadline approaches. Business owners and professionals are proactively using the extra time to ensure accurate filings and avoid penalties.


Key Points:

  • Original deadline: September 30, 2025
  • Extended deadline: October 31, 2025
  • Applicable to: Businesses and professionals required to undergo tax audits
  • ITR filing deadline: Remains July 31, 2025
  • CBDT assures portal stability and upcoming official notification

Economy India Analysis:
This move reflects the government’s responsiveness to industry stakeholders and natural disruptions, providing much-needed relief in a year that has seen widespread environmental challenges. While ITR deadlines remain unchanged, the audit extension demonstrates flexibility in compliance enforcement, potentially reducing last-minute rushes and errors in tax filings.

(Economy India)

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
Source: Economy India
Tags: Business NewsCBDTFinanceFY 2024-25Income TaxIndia EconomyITR FilingTax AuditTax Compliance
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

Related Posts

ICC Decides Against Penalising Bangladesh Over Refusal to Play T20 World Cup Matches in India
news

ICC Decides Against Penalising Bangladesh Over Refusal to Play T20 World Cup Matches in India

February 10, 2026
China and ASEAN Celebrate Chinese Spring Festival at ASEAN Headquarters in Jakarta
news

China and ASEAN Celebrate Chinese Spring Festival at ASEAN Headquarters in Jakarta

February 9, 2026
Union Home Minister Amit Shah Arrives in Raipur on Three-Day Chhattisgarh Visit
news

Union Home Minister Amit Shah Arrives in Raipur on Three-Day Chhattisgarh Visit

February 8, 2026
Chhattisgarh’s Soul Lives in Tribal Culture: President Droupadi Murmu
news

Chhattisgarh’s Soul Lives in Tribal Culture: President Droupadi Murmu

February 8, 2026
Suicide Attack at Shia Mosque in Pakistan’s Capital Kills 31, Injures 169
news

Suicide Attack at Shia Mosque in Pakistan’s Capital Kills 31, Injures 169

February 6, 2026
DSP Kalpana Verma Suspended Over Alleged Intelligence Leak in Businessman Controversy
news

DSP Kalpana Verma Suspended Over Alleged Intelligence Leak in Businessman Controversy

February 5, 2026
Next Post
Crude Oil Futures Rise on Firm Spot Demand; MCX Prices Gain Rs 82 per Barrel

Crude Oil Futures Jump ₹25 on Strong Overseas Demand, MCX Sees Active Trading

Ambedkar Chamber
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT

LATEST NEWS

ICC Decides Against Penalising Bangladesh Over Refusal to Play T20 World Cup Matches in India

Gold Rises ₹3,515, Silver Jumps ₹17,000 as Buying Emerges at Lower Levels

China and ASEAN Celebrate Chinese Spring Festival at ASEAN Headquarters in Jakarta

Union Budget 2026–27 to Open New Avenues for Odisha’s Development: Dharmendra Pradhan

Gold Falls ₹14,000, Silver Slumps ₹94,000 This Week; Weak Demand, Profit Booking Hit Bullion Prices

Union Home Minister Amit Shah Arrives in Raipur on Three-Day Chhattisgarh Visit

Chhattisgarh’s Soul Lives in Tribal Culture: President Droupadi Murmu

India’s Apparel, Footwear, Chemicals Set for Major Export Boost in US Under Bilateral Trade Pact

  • ABOUT US
  • CONTACT
  • TEAM
  • TERMS & CONDITIONS
  • GUEST POSTS

Copyright © 2024 - Economy India | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Business
  • Companies
  • Finance
  • People
  • More
    • Insurance
    • Interview
    • Featured
    • Health
    • Technology
    • Entrepreneurship
    • Opinion
    • CSR
    • Stories

Copyright © 2024 - Economy India | All Rights Reserved