– The Income Tax Department has not yet announced whether the deadline for filing income tax returns for AY 2024-25 will be extended
– Taxpayers and organizations have requested an extension due to technical issues on the e-filing portal
– As of July 30, 5.70 crore taxpayers have filed their returns
– Taxpayers whose accounts require an audit can file their ITR until October 31
– Businesses involved in international transactions have an extension until November 30
– Companies in specified domestic transactions may also qualify for extended deadlines
– Late filing fees may still apply despite the extensions
– Belated returns can be filed until December 31 with penalties or repercussions
– The deadline for submitting belated returns for AY 2024-25 is December 31, 2024.