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The Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing various audit reports for the Financial Year 2024–25 (Assessment Year 2025–26), from 30th September 2025 to 31st October 2025, for assesses referred to in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, according to an official release.

Zee Business had demanded an extension for I-T audits - strongly highlighting the public's concerns to the government.

CBDT received representations from various professional associations, including Chartered Accountant bodies, highlighting certain difficulties being faced by taxpayers and practitioners in the timely completion of audit reports. 

Add Zee Business as a Preferred SourceThe Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing various audit reports for the Previous Year 2024–25 (Assessment Year 2025–26), from 30th September 2025 to 31st October 2025, for assessees referred to in clause (a) of Explanation 2 to… pic.twitter.com/rGs7Vagw03

— Income Tax India (@IncomeTaxIndia) September 25, 2025

"The reasons cited by them include disruptions caused by floods and natural calamities in certain parts of the country, which have impeded normal business and professional activity. The matter has also come up before High Courts," CBDT said in the statement. 

Meanwhile, the Board clarified that the income tax e-filing portal has been operating smoothly and without any technical glitches, and the tax audit reports are being updated successfully. 

As of September 24, 2025, 4,02,000 Tax Audit Reports (TARs) have been uploaded, with over 60,000 TARs uploaded on September 24 alone. More than 7.57 crore ITRs have been filed till September 23, 2025.

Taxpayers and accountants will benefit from the extension of the deadline: 

Opportunity to prepare all the necessary documents on time

Ease of filing audit reports

penalty avoidance

Enhanced ability to upload quality audit reports

Audit reports are not just a formality, but a crucial part of tax compliance. They help the government ensure that taxpayers have accurately reported their income and expenses.

Who has to file the audit report?

Those whose turnover or professional receipts exceed the prescribed limit have to file audit report.

What happens if the deadline is missed?

If a taxpayer misses the deadline, they may have to pay a penalty.

Does every taxpayer have to submit an audit report?

No, it has to be given only to those who fall within the scope of the rules.

What is the penalty for a tax audit report?

Up to 0.5 per cent of turnover or a maximum of Rs 1.5 lakh.

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