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Income Tax Department has published the time limit for issuing different income tax notices and completion of the assessment as amended by the Finance (No. 2) Act, 2024.
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Due date of filing of audit report u/s 139(1) of Income Tax Act, 1961 has been extended from 30th September, 2024 to 07th October, 2024 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, 1961.
Taxpayers who have received notice under Section 158BC can now submit Form ITR-B via the e-Proceeding tab on the Income Tax portal
The Income tax portal made excel utilities of ITR-1 and ITR-4 for AY 2025-26 available on 30.05.2025.