The Central Board of Direct Taxes (CBDT) has extended the due date for furnishing return of income in the case of an assessee who is required to furnish a report referred to in section 92E for the A Y 2024-25.

The due date for filing returns under section 139(1) of the Income Tax Act, 1961 has been extended from 30th November 2024 to 15th December 2024 for below classes of taxpayers referred to in clause (aa) of Explanation 2 to sub-section (1) of section 139 of the Act.

In the case of an assessee, including the partners of the firm or the spouse of such partner (if the provisions of Section 5A applies to such spouse), being such assessee, who is required to furnish a report referred to in Section 92E, the 30th day of November of the assessment year; Refer CBDT Circular No. 18/2024 dated 30th November 2024.

“The Central Board of Direct Taxes (CBDT), in exercise of its powers under section 119 of the Income-tax Act, 1961, extends the due date of furnishing of Return of Income under sub-section (I) of section 139 of the Act for the Assessment Year 2024-25 in the case of assesses referred to in clause (aa) of Explanation 2 to sub-section (1) of section 139 of the Act, which is 30th November, 2024 to 15th December, 2024,” the notification read.

Circular Details

Circular No. 18/2024

Date: 30/11/2024