Quick Summary
The Institute of Chartered Accountants of India (ICAI) has written to the Central Board of Direct Taxes (CBDT), highlighting taxpayers' difficulties in meeting income-tax compliance timelines for the assessment year 2025-26. In its representation, ICAI requested parity in due dates for return filing and specified dates under section 44AB, along with auto-renewal of registration for small charitable trusts and institutions. Delay in ITR Utilities Need for Extension ICAI noted that while las
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FAQ :
The ICAI has requested an extension of ITR filing deadlines and alignment of specified dates under section 44AB. They also asked for auto-renewal of registration for small charitable trusts and institutions.
The ICAI highlighted that several ITR utilities, such as ITR 5, 6, and 7, were released much later than usual, in August 2025, leaving taxpayers with insufficient time to comply with the existing deadlines.
Yes, the CBDT extended the due date for non-audit cases from 31st July 2025 to 15th September 2025. However, no relief has been provided for the 31st October 2025 deadline for audit cases.
ICAI has requested auto-renewal or deemed renewal for small charitable trusts (with income up to Rs 5 crore) whose registration periods were extended from five to ten years by the Finance Act 2025. This would eliminate the need for them to apply for fresh registration.
ICAI argued that fairness, as stipulated in the Taxpayer's Charter, requires a corresponding shift in the 'specified date' and the due date for audit cases, aligning them with the extended utility release timelines.
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