Overview
- New dates set: the audit report ‘specified date’ is November 10, 2025, and the ITR due date for assessees requiring audit is December 10, 2025, preserving a one‑month interval.
- CBDT said a formal notification will follow to give legal effect to the revised calendar announced today.
- Punjab & Haryana and Himachal Pradesh High Courts ordered extensions after the Gujarat High Court underscored the statutory one‑month gap between audit and return deadlines.
- The department had earlier extended the tax audit report timeline from September 30 to October 31, 2025, through a September 25 decision.
- Failure to file the audit report on time can attract a Section 271B penalty up to Rs 1.5 lakh with potential waiver under Section 273B for reasonable cause, while taxpayers covered by Section 92E continue to face a November 30 ITR due date.