Tax Audit Due Date Extension: The Central Board of Direct Taxes (CBDT), India’s apex body on direct taxes, on September 25 extended the deadline to submit tax audit reports (TARs) till October 31. Originally, the deadline was September 30.
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The move comes after the Rajasthan High Court and the Karnataka High Court directed the Central Board of Direct Taxes (CBDT) to extend the due date to submit tax audit reports (TARs) till October 31, 2025. The petition was also pending in other high courts.
“Keeping in view the representation of the Tax practitioners and their submissions before the Hon’ble Courts, the ‘specified date’ for furnishing of the report of audit under any provision of the Income-tax Act,