CBDT extends due date for filing of belated/revised income tax returns for Assessment Year 2024-25 from 31st December 2024 to 15th January 2025 in the case of resident individual assessees. This extension will provide additional time to concerned taxpayers to comply with the ITR filing requirements.
CBDT Income Tax Circular 21/2024 dated 31/12/2024: Belated/Revised ITR Due Date (AY 2024-25) Extended for Resident Individuals
The Central Board of Direct Taxes (the “CBDT”), in exercise of its powers under section 119 of the Income-tax Act,1961 (‘the Act’), extends the last date for furnishing belated return of income under sub-section (4) of section 139 of the Act or for furnishing revised return of income under sub-section (5) of section 139 of the Act for the Assessment Year 2024-25 in the case of resident individuals from 31st December, 2024 to 15th January, 2025.