The Central Board of Direct Taxes (CBDT) on December 31, 2024, issued a circular regarding the extension of the due date for furnishing belated/revised returns of income for the Assessment Year 2024-25 in certain cases.
The following has been stated: -
•The CBDT has extended the deadline for filing belated or revised income tax returns for the Assessment Year 2024-25 for resident individuals.
•The new deadline is January 15, 2025, replacing the previous date of December 31, 2024. This extension is granted under Section 119 of the Income-tax Act, 1961. It applies to returns under sections 139(4) and 139(5) of the Act.
The detailed circular is given in the document below.
[Circular No. 21/2024]
