ITR filing deadline extension: Has the deadline to file ITR for audit cases been extended from November 15, 2024?
Income Tax Department has not extended the deadline for filing income tax returns (ITR) for FY 2023-24 for taxpayers subject to audit and other designated income taxpayers.
Earlier, the tax department extended the deadline by 15 days for ITR filing for FY 2023-24 for audit cases from the original deadline of October 31, 2024. No further extension was announced by the tax department regarding this deadline.
Who was required to file ITR by November 15, 2024?
The deadline for ITR filing for FY 2023-24 (AY 2024-25) applies to taxpayers who have to file audit reports. According to the experts, the following taxpayers were required to file ITR by November 15, 2024:
a) Income taxpayers whose accounts are required to be audited under any law (for instance, as per the Income-tax Act or Limited Liability Partnership Act or Co-operative Societies' Act etc.)
b) Partners of a firm whose accounts have to be audited under any law.
c) A company (e.g. an Indian company, or a foreign body corporate including a foreign company) not having specified domestic transaction or transfer pricing transactions.
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