Non-audit ITR have been given a new extension by the CBDT; instead of being due on July 31st, 2025, they will now be accepted until September 15th, 2025. On May 27, 2025, the extension was introduced via press release and is designed to help millions of filers and ensure their compliance is accurate.
The CBDT mentioned a few important reasons for announcing this decision. The main reason for the postponement this year is that new ITR forms are now available. There are many important changes, most of them affecting the rules for showing information about capital gains. Capital assets sold before or after July 23, 2024, are now taxed according to different rules. Therefore, people and professionals have to work carefully to cause as little trouble as possible with the new rules.
In addition to updating the forms, the extension now permits the Income Tax Department to easily integrate these improvements into its online filing facility. When there is not enough time for these improvements, taxpayers could end up confused or committing mistakes while completing their tax forms.
The timelines for filing TDS returns also influenced why the extension was decided. TDS returns for Q4 of 2024–25 need to be filed by May 31, 2025. The Form 16 and Form 26AS needed for proper ITR preparation can be generated only with these returns. Thanks to the extended deadline, the data included on these forms is precise, which supports correct tax filing by the individuals.
The purpose of this change is to make compliance easier, reduce errors, and help achieve a better e-filing experience for all concerned.
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