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CBDT extends ITR filing deadline for corporates by 15 days till November 15
ITR
Representational image from Wallpaper Cave

CBDT extends ITR filing deadline for corporates by 15 days till November 15

| @indiablooms | 26 Oct 2024, 05:23 pm

New Delhi/IBNS: The Central Board of Direct Taxes (CBDT) announced an extension for corporate income tax return filing for the Assessment Year (AY) 2024-25.

Companies now have until November 15, 2024, to file their returns, pushing back the previous deadline of October 31, 2024.

According to the Ministry of Finance, the new deadline applies to taxpayers covered under sub-Section (1) of Section 139 of the Income-tax Act, 1961.

The official notification was issued under Section 119 of the same Act, which specifically amends the deadline for assessees mentioned in clause (a) of Explanation 2 to sub-section (1) of Section 139.

The extension aims to give corporations additional time to complete their filings accurately and comprehensively.

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