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Tax Audit ITR Filing Due Date Extension: The Income Tax Department has extended the deadline for filing ITR and audit reports to December 10, 2025. The CBDT has given relief to taxpayers on the instructions of the High Court. Income Tax Audit Due Date Extension: There’s some good news for taxpayers. The Income Tax Department announced on October 29th that the last date for filing audit reports and Income Tax Returns (ITRs) has been extended to December 10, 2025. For those facing difficulties with audit cases or worried about deadlines, this is a welcome news. Now, here’s the ITR date On the social media platform X, the Income Tax Department announced that the Central Board of Direct Taxes (CBDT) has decided to extend the previous due date of October 31st to December 10th. The Income Tax Department shared in the post that for taxpayers who are required to file returns under Section 139(1) for the assessment year 2025-26 (whose due date was previously October 31, 2025), this due date has now been extended to December 10th, 2025. This decision was made by the Central Board of Direct Taxes (CBDT). This means you can now file your return until December without paying any penalty. Previously, the deadline for submitting tax audit reports was September 30, 2025. The deadline was then extended to October 31, following recommendations from CA institutions and tax professionals. Now, the department has again provided relief, with the deadline now set for December 10, 2025. Do you need to get a tax audit? If your business turnover exceeds ₹1 crore (approximately $10 million) per year, or up to ₹10 crore (approximately $10 million) and cash transactions are less than 5%, you are required to get an audit. For professionals, this limit is an annual income of ₹50 lakh (approximately $5 million). This means that doctors, lawyers, and other similar professionals with gross receipts exceeding ₹50 lakh (approximately $5 million) are also required to get an audit. If a taxpayer or company fails to submit an audit report on time, penalties may be imposed under Section 271B of the Income Tax Act. This penalty can be up to 0.5% of total sales, but not more than ₹150,000. However, if you can prove there was a valid reason for the delay, such as a technical issue or a personal emergency, the penalty may be waived. Why did the CBDT extend the ITR deadline? To provide relief to taxpayers, the Central Board of Direct Taxes (CBDT) extended the deadline for filing Income Tax Returns (ITRs) from October 31, 2025, to December 10, 2025. This deadline was extended due to pressure from the High Court and the difficulties faced by taxpayers. The Gujarat, Punjab and Haryana, and Himachal Pradesh High Courts played a key role in this matter. These courts reprimanded the CBDT for requiring a gap of at least one month between the tax audit report and the ITR filing date. Read More: Bank transaction fee: Customers of this bank will be charged a 1% transaction fee on these payments from November 1.
