Circular No. 21/2024 dated 31.12.2024

Central Board of Direct Taxes (CBDT) issued Circular No. 21/2024 dated 31.12.2024 regarding Extension of due date for furnishing belated/revised returns of income for the Assessment Year 2024-25 in certain cases.

The Central Board of Direct Taxes (“the CBDT”), in exercise of its powers under section 119 of the Income-tax Act, 1961 (‘the Act’), extends the last date for furnishing belated return of income under sub-section (4) of section 139 of the Act or for furnishing revised return of income under sub-section (5) of section 139 of the Act for the Assessment Year 2024-25 in the case of resident individuals from 31.12.2024 to 15th January, 2025.