As the due date for filing Income Tax Returns (ITR) and Tax Audit Reports for Assessment Year 2025-26 approaches, taxpayers and professionals across India are raising concerns and requesting the Central Board of Direct Taxes (CBDT) to extend the deadlines. Each year, similar appeals surface due to overlapping compliances, technical glitches, and practical challenges faced by Chartered Accountants (CAs), businesses, and individuals.

Current Deadlines for ITR and Tax Audit

  • For taxpayers requiring audit: September 30, 2025 (Tax Audit Report)
  • For companies & others requiring audit: October 31, 2025 (ITR filing)
  • For non-audit cases: July 31, 2025 (ITR filing, already over unless extended)

Why Extension is Being Requested

Digital International

Technical Issues on e-Filing Portal

  • The Income Tax portal continues to experience downtime and errors during peak filing season. Uploading audit reports and large data sets often leads to delays.

Late Release of Utilities and Schema Updates

  • Frequent changes in ITR forms, audit utilities, and JSON schema updates create confusion and require additional time for professionals to adapt.

Overlapping Statutory Compliances

  • Tax professionals are burdened with GST filings, MCA (ROC) compliances, statutory audits, and other reporting requirements during the same period

Accuracy over Speed

  • Tax audit reports involve detailed reporting on loans, advances, related party transactions, GST reconciliation, and other sensitive data. Rushing through increases the risk of errors and penalties.

Impact on Taxpayers and Professionals

Businesses face stress due to lack of adequate time for reconciliations

Chartered Accountants handle hundreds of audits simultaneously, making the existing deadlines unrealistic.

Small taxpayers depending on professionals for filing face higher compliance costs due to last-minute rush.


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Representation to CBDT

Several CA associations, trade bodies, and professional forums are already submitting representations to CBDT, requesting an extension of at least one month for filing ITRs and Tax Audit Reports for AY 2025-26.

Conclusion

Extending the ITR and Tax Audit deadlines is not merely about convenience – it is about ensuring accuracy, transparency, and stress-free compliance. Taxpayers and professionals alike hope CBDT will consider these genuine difficulties and provide an extension to maintain trust in the tax system.

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