CBDT Extends Deadline for Furnishing Belated / Revised ITR for AY 2024-25 to 15th January 2025

The CBDT has extended the deadline for furnishing belated or revised Income Tax Returns (ITR) for Assessment Year (AY) 2024-25 to January 15, 2025. This extension provides taxpayers with additional time to file their ITRs without facing penalties. It comes as a relief to taxpayers who faced challenges in meeting the earlier deadline due to various reasons, including technical glitches and other constraints. The CBDT's decision ensures that taxpayers are not penalized for delays and can comply with the filing requirements within the extended timeframe. This move also reflects the government’s commitment to promoting ease of compliance and taxpayer convenience.