The CBDT extends audit deadline for the submission of audit reports under the Income-Tax Act, 1961. For the financial year 2024-25 (Assessment Year 2025-26), the income tax audit report due date has now been shifted from September 30, 2025, to October 31, 2025. This tax audit report extension 2025 provides relief to businesses, professionals, and taxpayers who require more time for compliance.
Key Highlights of the Tax Audit Report Extension 2025
| Particulars | Details |
|---|---|
| Previous Due Date | September 30, 2025 |
| Extended Due Date | October 31, 2025 |
| Applicable To | Taxpayers and entities required to file an income tax audit report under the Income Tax Act |
| Reason for Extension | Representations from CAs, professional bodies, floods, natural calamities, High Court directions |
| Number of ITRs Filed (till Sept 23, 2025) | Over 7.57 crore |
| Tax Audit Reports Uploaded (till Sept 24, 2025) | More than 4.02 lakh |
Why Did CBDT Extend the Audit Deadline?
The CBDT extends audit deadline after receiving multiple requests from chartered accountants and professional bodies. They pointed out challenges faced by taxpayers, including natural calamities and disruptions in certain regions. Courts like the Rajasthan and Karnataka High Courts also recommended relief. With this tax audit report extension 2025, the government has acknowledged these difficulties and given taxpayers additional time.
Who Needs to File an Audit Report?
The income tax audit report due date applies to:
- Businesses with turnover above the audit threshold.
- Professionals whose annual receipts exceed the specified limit.
- Companies, partnerships, and LLPs that must comply with mandatory audits.
These taxpayers benefit from the tax audit report extension 2025, which now allows them until October 31, 2025, to file.
Consequences of Missing the New Audit Due Date
If you miss the revised income tax audit report due date, penalties under section 271B may apply:
- Penalty of 0.5% of turnover/gross receipts or â‚ą1,50,000, whichever is lower.
- Relief may be available if reasonable cause is proven.
- Non-compliance may affect carry-forward of losses and other benefits.
This is why the CBDT extends audit deadline to provide adequate time for compliance.
FAQs on Tax Audit Report Extension 2025
Q1. What is the new due date for filing the tax audit report for FY 2024-25?
The new income tax audit report due date is October 31, 2025.
Q2. Does this extension apply to all taxpayers?
No, it applies only to businesses and professionals covered under provisions requiring an income tax audit report.
Q3. Why did the CBDT extend the deadline?
The CBDT extends audit deadline because of difficulties faced by taxpayers due to natural calamities, as well as High Court directions.
Q4. Will the ITR filing deadline also be extended?
Currently, the extension is only for the tax audit report extension 2025. The ITR filing deadline for audit cases remains November 30, 2025.
Q5. What happens if I miss the new deadline?
Missing the income tax audit report due date can result in penalties, though relief may be granted for genuine causes.
Final Takeaway
The tax audit report extension 2025 is a major relief for businesses and professionals. With the CBDT extending the audit deadline to October 31, 2025, taxpayers now have more time to file accurately and avoid penalties. The revised income tax audit report due date gives everyone a fair chance to comply without unnecessary stress.
