ITR and Tax Audit Deadlines Extended for FY 24-25 by CBDT

The Central Board of Direct Taxes (CBDT) has officially extended the deadlines for filing income tax returns and audit reports for FY 2024-25. This decision brings major relief for taxpayers and professionals, though transfer pricing cases remain excluded.

CBDT Extends ITR and Audit Report Deadlines for FY 24-25

On October 29, 2025, the CBDT extended the due date for filing income tax returns required under Section 139(1) of the Income-tax Act for FY 2024-25 (AY 2025-26). The original deadline of October 31, 2025, has now been moved to December 10, 2025. 

Additionally, for those obligated to submit audit reports as per the law, the date has been extended from October 31, 2025, to November 10, 2025.

High Court Interventions Influence the Extension

The extension follows decisions by the Punjab & Haryana and Himachal Pradesh High Courts. Both courts, responding to petitions, had earlier recommended extending the tax audit-related ITR filing deadline to November 30, 2025. These legal decisions contributed to the CBDT’s revised schedule announced later on the same day.

Read More: GST 2.0: Government to Launch Revamped GST Registration System from November 1!

Transfer Pricing Audit Cases Excluded from Extension

Despite the blanket extension for most audit-related filings, taxpayers subject to transfer pricing requirements remain excluded. Those entities must still adhere to the original due date of November 30, 2025. These include companies with international transactions that file Form 3CEB. The lack of parity in deadlines has led to confusion among professionals and taxpayers seeking uniformity.

Implications for Taxpayers and Professionals

The extended ITR and audit deadlines offer significant breathing space to chartered accountants and taxpayers for ensuring accurate and compliant filings. However, the exclusion of transfer pricing audits demands extra care and faster compliance for affected entities. The government is being encouraged to reconsider and possibly harmonise all tax return deadlines.

Conclusion

The CBDT’s deadline extension for FY 2024-25 provides much-needed relief, especially to those under general tax audit provisions. However, clarity and consistency remain necessary for transfer pricing cases. Timely filing will ensure compliance and reduce the risks of penalties or notices under various sections of the Income-tax Act.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.