Breaking News (29th October 2025): The Central Board of Direct Taxes (CBDT) has officially extended the Income Tax Return (ITR) filing deadline and Tax Audit Report submission for Assessment Year 2025-26! Businesses and professionals in Bhubaneswar now have extra time to file accurately and avoid penalties.
At PS Tax Consultancy, located at Plot: C 20, Saheed Nagar, near Odisha Hotel, Bhubaneswar – 751007, we’re helping over 1,000 clients file error-free ITRs and Tax Audit Reports before the new deadlines. Don’t wait — file now in Bhubaneswar and stay compliant with ease.
Official CBDT Announcement: Key Extensions
Source: CBDT Press Release, New Delhi, 29th October 2025 – Signed by V. Rajitha, Commissioner of Income Tax (Media & Technical Policy)
| Compliance | Original Due Date | Previous Extension | New Deadline (2025) |
|---|---|---|---|
| ITR Filing (Audit Cases) under Section 139(1) – Clause (a), Explanation 2 | 31st October 2025 | — | 10th December 2025 |
| Tax Audit Report (TAR) for PY 2024-25 (AY 2025-26) | 30th September 2025 | 31st October 2025 | 10th November 2025 |
Formal CBDT Order/Notification to follow shortly on incometaxindia.gov.in
Who Must File Before the New Deadlines?
This extension applies to audit-required assessees, including:
- Companies (Private Ltd, Public Ltd)
- LLPs & Partnership Firms with turnover > ₹1 crore (or profession > ₹50 lakh)
- Businesses opting for presumptive taxation but requiring audit
- Professionals (CA, doctors, lawyers) with gross receipts > ₹50 lakh
- Startups & SMEs in Bhubaneswar under statutory audit
Non-audit cases (salaried, ITR-1/2/4) remain due by 31st July 2025 — already passed.
Why File with PS Tax Consultancy in Bhubaneswar?
With 40 extra days for ITR and 10 extra days for Tax Audit, now is the best time to file accurately. Here’s why PS Tax Consultancy is your trusted partner:
| Benefit | PS Tax Consultancy Advantage |
|---|---|
| Speed | File ITR in 48 hours, TAR in 72 hours |
| Accuracy | 100% CBDT-compliant filings with double verification |
| Local Access | Office in Saheed Nagar – walk-in or online |
| 1,000+ Clients | Trusted by corporates, startups, and professionals |
| All-in-One | ITR + TAR + GST + Company Compliance |
We’re the leading tax audit consultant in Bhubaneswar — helping you avoid ₹5,000 late fee and interest under Section 234A.
Step-by-Step: File Your ITR & Tax Audit Report Now
For Tax Audit Report (Due: 10th Nov 2025)
- Finalize books of accounts (P&L, Balance Sheet)
- Reconcile with Form 26AS, GSTR-2B, AIS
- Upload Form 3CA/3CB-3CD on e-filing portal
- Get CA certification
For ITR Filing (Due: 10th Dec 2025)
- Use ITR-3, ITR-5, or ITR-6 (based on entity)
- Claim all deductions (80C, 80D, depreciation, etc.)
- Pay balance tax (if any) via challan
- E-verify using Aadhaar OTP or net banking
Avoid These Costly Mistakes
| Mistake | Consequence |
|---|---|
| Filing wrong ITR form | Defective notice under Section 139(9) |
| Missing TAR before ITR | ITR treated as invalid |
| Not reconciling AIS/TIS | TDS mismatch → tax demand |
| Late filing after 10th Dec | ₹5,000 penalty + interest @ 1% p.m. |
Let PS Tax Consultancy eliminate risks with expert-reviewed compliance.
FAQs: ITR & Tax Audit Deadline Extension 2025
Q1. Is the ITR deadline extended for salaried employees?
No. Only audit cases get extension to 10th Dec 2025. Salaried ITR-1/2 due date was 31st July 2025.
Q2. Can I file ITR without Tax Audit Report now?
No. TAR is mandatory before ITR for audit cases. New TAR deadline: 10th Nov 2025.
Q3. Will CBDT extend again?
Unlikely. This is the final extension — file before 10th Dec 2025.
Q4. Where can I file in Bhubaneswar?
Visit PS Tax Consultancy, Plot: C 20, Saheed Nagar or file 100% online.
Q5. How to check if I need audit?
Turnover > ₹1 crore (business) or > ₹50 lakh (profession)? → Audit required.
Don’t Wait — File Your ITR & Tax Audit Today!
Good news: You now have until 10th December 2025 to file your ITR and 10th November 2025 for Tax Audit Report.
Act now with PS Tax Consultancy — Bhubaneswar’s most trusted tax audit and ITR filing expert.
Contact Us Today:
- Address: Plot: C 20, Saheed Nagar, near Odisha Hotel, Bhubaneswar – 751007
- Phone: +91 94381 66091
- Email: info@pstaxconsultancy.com
- Website: https://pstaxconsultancy.com/
File before the deadline. Stay compliant. Grow worry-free.
