The Income Tax Audit Filing Deadline 2025 is fast approaching, with just two days left until October 31, 2025. This deadline applies to businesses, professionals, and working partners whose accounts must be audited under Section 44AB of the Income Tax Act, 1961.
The Central Board of Direct Taxes (CBDT) had earlier extended the due date for filing the Tax Audit Report (TAR) for the financial year 2024–25 from September 30 to October 31, 2025, offering much-needed relief to tax professionals and firms facing technical challenges.
Who Needs to File Before the Income Tax Audit Filing Deadline 2025
Taxpayers who are required to get their accounts audited include:
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Businesses with total sales, turnover, or gross receipts exceeding ₹1 crore in a financial year (or ₹10 crore where digital transactions exceed 95%).
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Professionals whose gross receipts exceed ₹50 lakh in a year.
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Working partners of firms where a tax audit is applicable.
Failing to file the tax audit report on time can attract strict penalties and increased scrutiny from the Income Tax Department.
Penalties for Missing the Income Tax Audit Filing Deadline 2025
If a taxpayer does not file the Tax Audit Report (TAR) by October 31, they may face a penalty under Section 271B of the Act —
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0.5% of total sales, turnover, or gross receipts,
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subject to a maximum penalty of ₹1,50,000.
However, under Section 273B, the penalty may be waived if the delay occurred due to a reasonable cause, such as technical errors, server downtime, or unavoidable circumstances.
Tax experts have also warned that non-filing may lead to further scrutiny, as delayed reports are often flagged for detailed assessment by the Income Tax Department.
Will the Deadline Be Extended Again?
The possibility of another extension seems unlikely. The Income Tax Audit Filing Deadline 2025 is fixed by law and can only be changed by the CBDT through an official notification or circular.
Extensions are typically granted only in cases of widespread technical glitches, natural disasters, or other exceptional conditions. Therefore, taxpayers should not rely on another extension and must complete their filings before the October 31, 2025 Income Tax Audit Filing Deadline 2025.
Deadline for Taxpayers with International or Domestic Transactions
For taxpayers involved in international transactions or specified domestic transactions, an additional requirement exists under Section 92E. Such taxpayers must submit a Transfer Pricing Report and are allowed to file their Income Tax Return (ITR) by November 30, 2025.
However, to comply with this timeline, their Tax Audit Report must also be submitted by October 31, 2025. Missing this date can cause cascading delays and compliance issues, affecting credibility and future filings.
Final Reminder: File Before the Income Tax Audit Filing Deadline 2025
With just two days remaining, taxpayers must prioritize completing their Income Tax Audit submissions and ensure all data aligns correctly between ITR forms, financial statements, and audit reports.
Timely filing not only prevents penalties but also demonstrates strong compliance behavior, reducing the likelihood of future scrutiny. Businesses and professionals should coordinate closely with their Chartered Accountants (CAs) to meet this crucial statutory obligation.
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