Originally set for Sept 30, the new deadline for submitting audit reports for the financial year 2024-25 has been pushed to Oct. 31. (Photo: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The Central Board of Direct Taxes (CBDT), India’s apex direct tax authority, on Thursday extended the deadline for filing tax audit reports (TARs) to Oct. 31 from the earlier due date of Sept. 30.
The board had received representation from various professionals and associations highlighting difficulties being faced by taxpayers and practitioners in completing the audit report. The reasons also included natural calamities like floods in certain part of the country that have disrupted normal business and professional activity.
CBDT also clarified that the income tax e-filing port