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 >>
- Amendment to section 50C w.e.f. 01.04.2019 to apply retrospectively w.e.f. 01.04.2003
- Approval u/s 153D has to be granted for each assessment year. Single approval vitiated law
- Prosecution u/s 276C(2) quashed as assessee had not paid tax with ITR but later deposited it
- In slump sale acquisition, to claim depreciation, WDV in books of seller immaterial
- India & Qatar enters DTAA & Protocol for prevention of fiscal evasion of taxes
