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The last date for the filing of Income Tax Returns (ITR) for the financial year 2024-25 (Assessment Year 2025-26) has been extended. CBDT Extensions: The Central Board of Direct Taxes (CBDT) has extended key tax filing deadlines for AY 2025-26, sparking debate over compliance parity among taxpayers. While providing relief to audit filers, transfer pricing assessees still face the original deadlines, highlighting a need for systemic reforms in tax compliance. In view of Circular No. 15/2025 dated 29th October 2025, the due date for filing Income Tax returns has been extended from 31st October 2025 to 10th December 2025 for assessees specified in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Income-tax Act, 1961. For belated and revised ITR, the last date for all kinds of taxpayers is December 31, 2025. Image: Pexels. The Central Board of Direct Taxes (CBDT) has extended the last date for salaried individuals to September 30, 2025, from July 31, 2025.
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