ENA Economy 2024-10-28 16:33:36 <p><span style="font-size:14px"><strong>New Delhi, Oct 28 (KNN)</strong> The Income Tax Department has announced an extension of the income tax return (ITR) filing deadline for specific categories of taxpayers for the Financial Year 2023-24 (Assessment Year 2024-25).</span></p> <p><span style="font-size:14px">The new deadline has been pushed from October 31, 2024, to November 15, 2024, providing additional time for compliance.</span></p> <p><span style="font-size:14px">The extension specifically targets taxpayers who are required to submit their tax audit reports by September 30, 2024, and were originally mandated to file their ITR by October 31, 2024.</span></p> <p><span style="font-size:14px">This decision was formally communicated through a circular issued by the Ministry of Finance on October 26, 2024.</span></p> <p><span style="font-size:14px">According to the official announcement, the Central Board of Direct Taxes (CBDT) implemented this extension under Section 119 of the Income-tax Act, 1961.</span></p> <p><span style="font-size:14px">The modification applies to assessees mentioned in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, affecting the due date for furnishing Returns of Income under sub-section (1) of section 139 for the Assessment Year 2024-25.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 39735 https://knnindia.co.in/news/newsdetails/economy/income-tax-return-filing-deadline-extended-for-select-taxpayers 2024-10-28 16:33:36 knnindia.co.in