Tag: income tax due date extension latest news

IT Audit Report Date extended

CBDT Extends Income Tax Audit Report Deadline for FY 2024-25 to Oct 31, 2025

Vishnu Kumar164Leave a Comment on CBDT Extends Income Tax Audit Report Deadline for FY 2024-25 to Oct 31, 2025

If you are a taxpayer, auditor, or a company preparing Form 29B, Form 10B/10BB, or Form 10DA, this extension will directly impact your compliance timeline. In this article, we will break down the press release issued by CBDT on September 25, 2025, clarify whether the ITR filing deadline has also been extended, penalties for late filing, and practical steps you need to take.

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Top view of tax documents, calculator, and coins on wooden table.

Only 2 Days Left: Why You Must File Your ITR—Even If You Earn Below ₹12 Lakh

Vishnu Kumar38Leave a Comment on Only 2 Days Left: Why You Must File Your ITR—Even If You Earn Below ₹12 Lakh

As the September 15 deadline for filing Income Tax Returns (ITR) for FY 2024–25 approaches, financial experts are sounding the alarm: don’t fall for misleading online claims suggesting that individuals earning under ₹12 lakh are exempt from filing. This confusion could cost you dearly. The Myth vs. Reality The root of the misunderstanding lies in […]

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