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The Institute of Chartered Accountants of India (ICAI), a statutory body established under an Act of Parliament in 1949, has formally requested an extension of the tax audit report filing deadline for the Financial Year 2024-25 (Assessment Year 2025-26). In a letter addressed to Hon'ble Finance Mini
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FAQ :
The Institute of Chartered Accountants of India (ICAI), specifically its Central India Regional Council (CIRC), has requested the extension.
The request has been formally addressed to the Hon'ble Finance Minister, Smt. Nirmala Sitharaman.
ICAI has proposed a new deadline of 31st December 2025.
The current deadline for filing tax audit reports is 30th September 2025.
ICAI is requesting an extension due to complex reporting requirements, operational hurdles, persistent technical and systemic bottlenecks on the Income Tax e-filing portal, and the pressure from overlapping compliance obligations like GST and company law filings.
Yes, the Income Tax Return (ITR) filing deadline has recently been extended to 15th September 2025, but ICAI states this is insufficient to address the issues.
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