Tax Audit Due Date: CBDT Extends Deadline Till October 31

CBDT news: The Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing various audit reports for the previous year 2024–25 (Assessment Year 2025–26), from September 30, 2025 to October 31, 2025, for assessees referred to in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act. This decision comes after representations from professional associations, citing difficulties due to floods and natural calamities, despite the Income-tax e-filing portal operating smoothly.