Quick Summary
On October 26, 2024, the Central Board of Direct Taxes (CBDT) announced an extension for filing the Return of Income for the Assessment Year (AY) 2024-25. This significant update is aimed at providing relief to taxpayers and ensuring compliance with the income tax regulations. Key Highlights of C
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FAQ :
The new due date for filing the Return of Income for Assessment Year 2024-25 has been extended to 15th November 2024.
This extension applies to assessees mentioned in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Income Tax Act.
The CBDT has extended the due date to provide relief to taxpayers and accommodate them in fulfilling their filing obligations, especially considering challenges during the filing period.
Taxpayers now have an additional 15 days to file their Income Tax Returns.
The original due date for filing these Income Tax Returns was 31st October 2024.
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