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ITR Deadline: CBDT Extends Deadlines For Filing Audit Reports, Income Tax Returns For AY 2025-26

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There’s good news for taxpayers as the Punjab, Haryana, and Himachal Pradesh High Courts have extended the deadline for filing Income Tax Returns (ITRs) in tax audit cases from October 31 to November 30, 2025.

This decision came after hearing petitions from tax professionals and associations, in which the court clearly stated that a gap of at least one month is required between the tax audit report and ITR filing.

What is the meaning of this decision?

Taxpayers who are working partners of companies, property owners, or partnership firms whose accounts are subject to a mandatory tax audit will now have an additional month to file their ITR. This will facilitate tax filing and avoid losses or penalties. The Punjab and Haryana High Court has also directed the CBDT that failure to comply with court orders will be considered contempt of court.

Preparations for other High Courts

The Delhi High Court is also hearing this issue, where tax professionals have requested an extension of the deadline. It is hoped that this will provide relief to taxpayers without the Delhi and other High Courts agreeing on this direction. If this happens, taxpayers will be able to obtain a uniform extension for ITR filing across the country.

Tax Penalties and Late Filing

If you fail to file your ITR on time, you can also file an updated return later under Section 139(8A). Although late filing is subject to penalties such as interest and fines under Sections 234A and 234F, the extended deadline has made timely filing more likely.

This decision has brought great relief to taxpayers and will reduce the pressure of ITR filing, enabling them to comply with tax rules properly.

 

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