– Income Tax Department has not decided on extending the deadline for filing income tax returns for AY 2024-25
– Taxpayers and organisations have requested an extension due to technical issues on the e-filing portal
– Deadline for filing ITR for AY 2024-25 is July 31
– Individuals and entities requiring an audit can file ITR until October 31
– Businesses with international transactions can file ITR until November 30
– Companies with specified domestic transactions may also get an extended deadline
– Late filing fees may apply despite extended deadlines
– Belated return deadline is December 31, 2024
– Filing a belated return may result in penalties or repercussions.