The government has given major relief to taxpayers and companies who were racing against the clock to meet the income tax return (ITR) filing deadline.
The Central Board of Direct Taxes (CBDT) has extended the due date for filing ITRs for the Assessment Year (AY) 2025–26 from October 31 to December 10, 2025, for all taxpayers whose accounts require an audit.
The extension mainly helps companies, partnership firms, and proprietorships whose accounts need to be audited before filing their tax returns. These taxpayers generally face more compliance requirements compared to individuals or Hindu Undivided Families (HUFs).
, after two deadline extensions earlier this year.
Tax professionals and industry bodies had been urging the government for more time, citing challenges such as heavy monsoon rains, floods, and disruptions in several parts of the country. These factors delayed audit and accounting work for many businesses.
The government had earlier responded by pushing the audit report filing date from September 30 to October 31. Now, with this new notification, businesses have been given one more month to complete the process.
Experts suggest that taxpayers should use this extra time wisely to verify financial statements, complete pending audit work, and avoid last-minute rush. Timely filing will help prevent penalties or interest under the Income Tax Act.