The Central Board of Direct Taxes (CBDT) on Wednesday extended the deadline for filing of income tax returns and submitting audit reports for the assessment year 2025-26, providing relief to taxpayers and professionals, particularly companies, proprietorship and working partners in firms requiring mandatory audits. The revised dates are December 10 and November 10 respectively.
This was the second extension for furnishing the audit report. Earlier, it was extended from September 30 to October 31 following the representations from various professional associations, including chartered accountant bodies, highlighting certain difficulties being faced by taxpayers and practitioners in timely completion of audit reports. The representatives cited various reasons including disruptions caused b

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