Normal due date for filing returns by salaried persons and entities non-audited account is July 31.
| Photo Credit:
Andrzej Rostek;iStockphoto
A salaried person or entities with non-audited account will have time till September 15 to file the Income Tax Returns (ITR) for Assessment Year 2025-26 (Fiscal Year 2024-25). Meanwhile, the filing is yet to begin.
Normal due date for filing returns by salaried persons and entities non-audited account is July 31. All the ITR forms have been notified and now the extension has been notified. However, as on date there is no change in due date for businesses with audited account (October 30) and Transfer Prices cases (November 30).
In a statement, Central Board of Directed Taxes (CBDT) said the notified forms for AY26 have undergone structural and content revisions aimed at simplifying compliance, enhancing transparency, and enabling accurate reporting. “These changes have necessitated additional time for system development, integration, and testing of the corresponding utilities. Furthermore, credits arising from TDS statements, due for filing by May 31, 2025, are expected to begin reflecting in early June, limiting the effective window for return filing in the absence of such extension,” it said.
Apart from the extensive changes, the board also admitted that time is required for system readiness and rollout of ITR utilities for. “This extension is expected to mitigate the concerns raised by stakeholders and provide adequate time for compliance, thereby ensuring the integrity and accuracy of the return filing process,” it said.
Experts feel that time has always been very short to meet July 31 deadline. Vivek Jalan, Partner at Tax Connect Advisory Services LLP, said the timeline of July 31 of filing ITRs for taxpayers are a big hardship every year. Every year there are changes in ITRs structure which means utilities take time to be published. “Every year TDS/TCS credits are reflected by 15th June, which means effectively only 1.5 months are available for filing such ITRs,” he said.
Sonu Iyer, Partner with EY India listed deduction claimed, bifurcation of capital gains for pre and post July 23, 2024, report TDS section codes beside others as enhanced reporting requirements. “Given the requirements of these new ITR forms, the e-filing utility (both online and offline) needs to be updated by the Government,” she said.
Sandeep Sehgal, Partner- Tax, AKM Global, feels the additional time is intended to facilitate a smoother transition to the new compliance regime, allowing taxpayers to correctly interpret the updated requirements and ensure accurate and complete return filings. Henceforth, “taxpayers are advised to utilize this extended window to compile their financial data, reconcile necessary information, thereby minimizing the risk of filing errors or omissions as the deadline approaches,” he said.
According to Deepak Kumar Jain, Founder and CEO of TaxManager.in, with over 10 crore taxpayers expected to file returns for AY 2025–26 — including a growing number of first-time filers, those with foreign assets, and individuals with multiple income sources — this extension offers much-needed breathing room. “It also allows for better reflection of TDS credits and ensures a smoother, more accurate filing experience for all,” he said.
Published on May 27, 2025
Normal due date for filing returns by salaried persons and entities non-audited account is July 31.
| Photo Credit:
Andrzej Rostek;iStockphoto
A salaried person or entities with non-audited account will have time till September 15 to file the Income Tax Returns (ITR) for Assessment Year 2025-26 (Fiscal Year 2024-25). Meanwhile, the filing is yet to begin.
Normal due date for filing returns by salaried persons and entities non-audited account is July 31. All the ITR forms have been notified and now the extension has been notified. However, as on date there is no change in due date for businesses with audited account (October 30) and Transfer Prices cases (November 30).
In a statement, Central Board of Directed Taxes (CBDT) said the notified forms for AY26 have undergone structural and content revisions aimed at simplifying compliance, enhancing transparency, and enabling accurate reporting. “These changes have necessitated additional time for system development, integration, and testing of the corresponding utilities. Furthermore, credits arising from TDS statements, due for filing by May 31, 2025, are expected to begin reflecting in early June, limiting the effective window for return filing in the absence of such extension,” it said.
Apart from the extensive changes, the board also admitted that time is required for system readiness and rollout of ITR utilities for. “This extension is expected to mitigate the concerns raised by stakeholders and provide adequate time for compliance, thereby ensuring the integrity and accuracy of the return filing process,” it said.
Experts feel that time has always been very short to meet July 31 deadline. Vivek Jalan, Partner at Tax Connect Advisory Services LLP, said the timeline of July 31 of filing ITRs for taxpayers are a big hardship every year. Every year there are changes in ITRs structure which means utilities take time to be published. “Every year TDS/TCS credits are reflected by 15th June, which means effectively only 1.5 months are available for filing such ITRs,” he said.
Sonu Iyer, Partner with EY India listed deduction claimed, bifurcation of capital gains for pre and post July 23, 2024, report TDS section codes beside others as enhanced reporting requirements. “Given the requirements of these new ITR forms, the e-filing utility (both online and offline) needs to be updated by the Government,” she said.
Sandeep Sehgal, Partner- Tax, AKM Global, feels the additional time is intended to facilitate a smoother transition to the new compliance regime, allowing taxpayers to correctly interpret the updated requirements and ensure accurate and complete return filings. Henceforth, “taxpayers are advised to utilize this extended window to compile their financial data, reconcile necessary information, thereby minimizing the risk of filing errors or omissions as the deadline approaches,” he said.
According to Deepak Kumar Jain, Founder and CEO of TaxManager.in, with over 10 crore taxpayers expected to file returns for AY 2025–26 — including a growing number of first-time filers, those with foreign assets, and individuals with multiple income sources — this extension offers much-needed breathing room. “It also allows for better reflection of TDS credits and ensures a smoother, more accurate filing experience for all,” he said.
Published on May 27, 2025
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It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making
The point of using Lorem Ipsum is that it has a more-or-less normal distribution of letters, as opposed to using ‘Content here, content here’, making it look like readable English. Many desktop publishing packages and web page editors now use Lorem Ipsum as their default model text, and a search for ‘lorem ipsum’ will uncover many web sites still in their infancy.
It is a long established fact that a reader will be distracted by the readable content of a page when looking at its layout. The point of using Lorem Ipsum is that it has a more-or-less normal distribution
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