The TAX Talk Impact: Date Extended well in advance from 31st July to 15th September – Thanks to Finance Minister Smt. Nirmala Sitharaman
The Tax Talk has given the representation on 19th May 2025 to the Finance Ministry for the delay in release of the ITR utility and for giving enough time to the taxpayers for filing the income tax return after release of its utility. The mail was very promptly responded by the Finance Ministry with following e-mail:
Taking cognizance of the fact, the CBDT has extended the date well in advance to 15th September 2025. The press release by the CBDT circular extending the date is as under:
CBDT extends date of filing of Income Tax Returns (ITRs) due for filing by 31st July 2025 to 15th September 2025
Posted On: 27 MAY 2025 6:13PM by PIB Delhi
In view of the extensive changes introduced in the notified Income Tax Returns (ITRs) and considering the time required for system readiness and rollout of ITR utilities for Assessment Year (AY) 2025-26, the Central Board of Direct Taxes (CBDT) has decided to extend the due date for filing returns.
Accordingly, to facilitate a smooth and convenient filing experience for taxpayers, it has been decided that the due date for filing of ITRs, originally due on 31st July, 2025, is extended to 15th September, 2025. A formal notification to this effect is being issued separately.
The notified ITRs for AY 2025-26 have undergone structural and content revisions aimed at simplifying compliance, enhancing transparency, and enabling accurate reporting. These changes have necessitated additional time for system development, integration, and testing of the corresponding utilities. Furthermore, credits arising from TDS statements, due for filing by 31st May, 2025, are expected to begin reflecting in early June, limiting the effective window for return filing in the absence of such extension.
This extension is expected to mitigate the concerns raised by stakeholders and provide adequate time for compliance, thereby ensuring the integrity and accuracy of the return filing process.
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NB/KMN
(Release ID: 2131700)
Thanks to Hon’ble Finance Minister Smt. Nirmala Sitharaman for the timely action of extending the due date well in advance so that taxpayers can plan their activities accordingly.
