CBDT extends ITR filing date for certain taxpayers by 15 days – Here’s the new date

The income tax return filing deadline for the financial year 2023-24 has been extended by 15 days, now set for December 15, 2024. 

The due date for filing returns under Section 139(1) of the Income-tax Act, 1961, for taxpayers required to submit a report under Section 92E, was November 30. 

According to an official order, the Central Board of Direct Taxes (CBDT) has extended the deadline for the assessment year 2024-25. This extension applies specifically to taxpayers engaged in international transactions who must furnish reports under Section 92E.

(With PTI inputs)

 » Read More

Related Articles

NPS vs UPS: How much a govt employee needs to invest for a monthly pension of Rs 1 lakh?

From April 1, 2025, all central government employees (except the armed forces) will get the option to choose from two pension schemes — the National Pension System (NPS) and the Unified Pension Scheme (UPS). The NPS, which was launched in January 2004, replaced the Old Pension Scheme (OPS), and covers all departments under the central

Indian Overseas Bank unveils Ultra HNI Savings Scheme – Check features and benefits

Chennai-headquartered Indian Overseas Bank (IOB) has introduced a specialized Ultra HNI Savings Bank (SB) Scheme designed exclusively for high-net-worth individuals (HNIs). This premium banking initiative offers three distinct variants viz. IOB SB PRIME, IOB SB PRIORITY, and IOB SB PRIVILEGE, each packed with unique benefits tailored to meet the financial needs of affluent customers. Key

Market watch: Global trends, US tariffs and inflation data to drive stocks

Stock markets are set to be influenced by global trends, macroeconomic data releases, and developments in US tariffs during a holiday-shortened week, analysts said. Investors will also keep a close watch on foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude oil prices. Ajit Mishra, SVP of Research at Religare

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

NPS vs UPS: How much a govt employee needs to invest for a monthly pension of Rs 1 lakh?

From April 1, 2025, all central government employees (except the armed forces) will get the option to choose from two pension schemes — the National Pension System (NPS) and the Unified Pension Scheme (UPS). The NPS, which was launched in January 2004, replaced the Old Pension Scheme (OPS), and covers all departments under the central

Indian Overseas Bank unveils Ultra HNI Savings Scheme – Check features and benefits

Chennai-headquartered Indian Overseas Bank (IOB) has introduced a specialized Ultra HNI Savings Bank (SB) Scheme designed exclusively for high-net-worth individuals (HNIs). This premium banking initiative offers three distinct variants viz. IOB SB PRIME, IOB SB PRIORITY, and IOB SB PRIVILEGE, each packed with unique benefits tailored to meet the financial needs of affluent customers. Key

Market watch: Global trends, US tariffs and inflation data to drive stocks

Stock markets are set to be influenced by global trends, macroeconomic data releases, and developments in US tariffs during a holiday-shortened week, analysts said. Investors will also keep a close watch on foreign investor activity, geopolitical tensions, and their impact on the US dollar and crude oil prices. Ajit Mishra, SVP of Research at Religare

Mcap of seven of top-10 valued firms jumps Rs 2.10 lakh crore; RIL, TCS major winners

The combined market valuation of seven of the top 10 most valued companies surged by Rs 2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers. Last week, the BSE Sensex climbed 1,134.48 points or 1.55 per cent, and the NSE Nifty rose 427.8 points or 1.93 per cent.

Building the Future: How tech is reshaping India’s real estate sector

According to a joint report by NAREDCO and EY, India’s real estate industry is on track to reach a $1-trillion market valuation by 2030, driven by PropTech innovations and government initiatives like the Smart Cities Mission and the Digital India campaign. Technology continues to play a pivotal role in shaping the sector. In 2024, the