Bhubaneswar, June 25 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/recent_photo_1738406236.jpg
The Central Board of Direct Taxes (CBDT) has extended the last date to file income tax returns (ITRs) for the financial year 2024-25 (assessment year 2025-26) from July 31 to September 15, 2025.
The extension applies to individual taxpayers who are not required to get their accounts audited, such as salaried employees, pensioners, and non-resident Indians.
With the ITR due date officially revised under Section 139(1) of the Income Tax Act, no penal interest will be levied under Section 234A, as long as both the return and the self-assessment tax are submitted by September 15, said reports.
Section 234A generally imposes a 1 per...