SF Prep Notes

CBDT extends due date for certain income tax returns for AY 2024-25 to 15 November 2024

On 26 October 2024, in India, the Central Board of Direct Taxes extended the due date for furnishing returns of income for Assessment Year 2024-25 for certain assessees from 31 October to 15 November 2024.

Summary

On 26 October 2024, in India, the Central Board of Direct Taxes (CBDT) extended the due date for furnishing returns of income under section 139(1) of the Income-tax Act, 1961 for Assessment Year 2024-25 from 31 October 2024 to 15 November 2024, for assessees referred to in clause (a) of Explanation 2 to section 139(1). CBDT Circular No. 13/2024 dated 26 October 2024 was issued for this.

Key facts

Date
26 Oct 2024
By
CBDT
Assessment Year
2024-25
Old due date
31 Oct 2024
New due date
15 Nov 2024
Applies to
Assessees in clause (a), Explanation 2, section 139(1)
Circular
No. 13/2024

Practice MCQs 1 questions

Q1

On 26 October 2024, CBDT extended the due date for furnishing returns of income for AY 2024-25 (for assessees in clause (a) of Explanation 2 to section 139(1)) from 31 October 2024 to:

Show answer

Correct answer: B — 15 November 2024

PIB, 26 Oct 2024: CBDT extended the due date for AY 2024-25, which is 31 October 2024 for these assessees, to 15th November, 2024 (Circular No. 13/2024).

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