Friday, October 31, 2025

Tax audit deadline not extended for these taxpayers; Karnataka CA body highlights anomalies in CBDT's due date extension circular

The CBDT extended tax audit and ITR filing deadlines to November 10 and December 10, 2025, respectively. However, taxpayers with international or specified domestic transactions under Section 92E were excluded from this extension. The Karnataka State Chartered Accountants Association highlighted this omission, pointing out an unintended anomaly that mandates earlier filing for those with higher compliance burdens.

from Tax-Wealth-Economic Times https://ift.tt/rvmzAB0

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