CBDT circular audit report extension : Recently, the Central Board of Direct Taxes (CBDT) issued a press release through the Press Information Bureau (PIB), officially extending the specified date for furnishing audit reports for the previous year 2024-25 (i.e., Assessment Year 2025-26). Here’s what the official release says, and what you should do in light of the extra time.

Audit date extension 2025: What does the official notification state? The extension moves the deadline from 30 September 2025 to 31 October 2025 for assessees falling under clause (a) of Explanation 2 to sub-section (1) of section 139 of the Income Tax Act . “keeping in view the representation of the Tax practitioners and their submissions before the Hon’ble Courts, the ‘specified date’ for furnishing

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