Extension of due date for furnishing belated/revised return of income for the Assessment Year 2024-25
CBDT extends due date for furnishing belated/revised return of income for the Assessment Year 2024-25 up to 15.01.2025
F. No. 225/205/2024/ITA-II
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
Circular No. 21/2024
New Delhi, dated 31st December, 2024
Subject: – Extension of due date for furnishing belated/revised return of income for the Assessment Year 2024-25 in certain cases- reg.
The Central Board of Direct Taxes (‘the CBDT’), in exercise of its powers under section 119 of the Income-tax Act,1961 (‘the Act’), extends the last date for furnishing belated return of income under sub-section (4) of section 139 of the Act or for furnishing revised return of income under sub-section (5) of section 139 of the Act for the Assessment Year 2024-25 in the case of resident individuals from 31st December, 2024 to15th January, 2025.
(Dr. Castro Jayaprakash. T)
Under Secretary to the Government of India
Download CBDT Circular No. 21 of 2024 Click Here >>
- Prima facie satisfaction u/s 148 can not be a non-existing or incorrect information
- Mutual Funds to value physical Gold and Silver by using the polled spot prices
- SC allows simultaneous CIRP proceedings against principal debtor & corporate guarantor
- Merely because sales were declared for only one month, same cannot be treated as bogus
- ITAT deleted addition as method of accounting had been accepted in earlier years
