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Tax Updates
Income Tax May 28, 2025

Extension of due date

On 28th May 2025, the CBDT extended the due date for filing Income Tax Returns for Assessment Year 2025–26. For taxpayers covered under clause (c) of Explanation 2 to Section 139(1) of the Income-tax Act, the deadline has been extended from 31st July 2025 to 15th September 2025. This extension is notified via CBDT Circular No. 06/2025 dated 27th May 2025.

GST
NEW
Income Tax May 29, 2025

Excel Utilities of ITR-1 and ITR-4 for AY 2025-26 are available for filing

The Excel Utilities for ITR-1 and ITR-4 for Assessment Year 2025–26 are now available for filing. Taxpayers can download these utilities from the Income Tax Department’s official website and start preparing their returns accordingly.

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