ITR filings for the financial year 2024-25 are lagging significantly as the September 15 deadline for non-audit cases looms. With only five days left, taxpayers and chartered accountants (CAs) are urgently appealing to the Central Board of Direct Taxes (CBDT) for an extension. Why an Extension Is Needed The slow filing rate—just 4.89 crore returns … Read more
ITR Filing Deadline Alert: Don’t Miss the September 15th Cutoff! The Income Tax Department has issued a final reminder for the ITR filing deadline for the financial year 2024-25 (Assessment Year 2025-26), urging taxpayers to complete their returns by September 15, 2025. The government had already extended the original July 31st deadline, and authorities have … Read more
Chartered accountants and business groups are sounding the alarm: with the September 15 deadline for income tax filing looming, millions of honest taxpayers could be at risk of non-compliance. But this isn’t due to their own delays; it’s because of a system in disarray. Major organizations like the Federation of Karnataka Chambers of Commerce & … Read more
Pressure is mounting on the Central Board of Direct Taxes (CBDT) to extend the September 15 deadline for filing Income Tax Returns (ITR) for the financial year 2024-25. Professional and trade organizations are citing a range of issues, including technical glitches, data mismatches, and delayed form releases, as reasons for the extension. Why Are Groups … Read more
As of September 2, 2025, the Central Board of Direct Taxes (CBDT) has not officially extended the deadline for filing Income Tax Returns (ITR) for the financial year 2024-25 (Assessment Year 2025-26) beyond September 15, 2025. The due date was previously extended for 45 days, from July 31 to September 15, for non-audit taxpayers (including … Read more
Attention Taxpayers: The ITR Filing Deadline is Approaching! With tax season in full swing, it’s crucial to be aware of the key deadlines to avoid penalties. The Income Tax Department has extended the due date for filing your Income Tax Return (ITR) for Assessment Year 2025-26 (Financial Year 2024-25). This extension was granted by the … Read more
This information is based on the article as of September 1, 2025. With the September 15 deadline for filing Income Tax Returns (ITR) for Assessment Year 2025–26 fast approaching, many taxpayers are wondering if the government will extend it again. The deadline for individuals and non-audit cases was already pushed from July 31 to September … Read more
Supreme Court Quashes Tax Prosecution, Fines Income Tax Department ₹2 Lakh In a significant ruling, the Supreme Court of India quashed a tax prosecution and imposed a fine of ₹2 lakh on the Income Tax Department. The Court found that the department acted in “blatant disregard” of its own statutory instructions, specifically a series of … Read more
