Business
Income Tax Audit Report: Due Date, Eligibility, And Filing Rules
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Bhilwara Tax Bar Association seeks Rajasthan High Court extension for Tax Audit Report deadline due to portal glitches. ITR deadlines vary for audit and international transactions.
Taxpayers can still file their ITR even after the due date by filing a belated return. The Income Tax Department allows this option so that people who missed the deadline can still report their income and pay taxes properly.
Income Tax Audit Report Due Date: Even if the due date for non-audit taxpayers for filing income tax return (ITR) for FY 2024-25 (Assessment year 2025-26) is over, the income tax filing season hasn’t ended. Taxpayers whose accounts need to be audited—such as companies, proprietorships, and working partners in firms—have until October 31, 2025, to file their income tax returns (ITR) for the financial year 2024-25 (assessment year 2025-26).
Before they can do that, they must ensure their audit report is submitted by September 30, 2025. As of now, the Income Tax Department has not announced any extension to this deadline.
The Bhilwara Tax Bar Association has filed a writ petition in the Rajasthan High Court under Article 226 of the Constitution, seeking an extension of the September 30 deadline for filing Tax Audit Reports (TAR) for assessment year 2025-26.
The petition says that taxpayers and professionals are struggling with persistent glitches on the portal, delayed relase of ITR forms and limited working days ahead of the festival season.
Deadline for Those with International Dealings
If a taxpayer is involved in international transactions or certain specified domestic transactions, they are required to submit a report under Section 92E. In this case, the due date for filing ITR is November 30, 2025.
To stick to this timeline, their audit report must be submitted by October 31, 2025. Just like in other categories, the government has not given any update about extending this due date.
Missed the Due Date? Here’s the Belated ITR Deadline
If non-audit taxpayers miss the original ITR deadline on September 15, they can still file a belated return. For all taxpayers, the belated ITR for FY 2024-25 can be submitted until December 31, 2025. However, keep in mind that filing late might attract a penalty or reduce some tax benefits.
What Happens If You Miss The Deadline?
Taxpayers then need to pay interest at a rate of 1 per cent per month or part month on the unpaid tax amount.
Late Filing Penalty
Rs 1,000: If total income is below Rs 5 lakh.
Rs 5,000: If total income is above Rs 5 lakh and return is filed after the due date but before 31st December.
Losses under capital gains or business/profession can’t be carried forward to future years if you file late.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
September 23, 2025, 17:53 IST
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Toyota Fortuner Legender Beware! MG Majestor unveil tomorrow – Expected price, features and more
2026 MG Majestor: JSW MG Motor India is set to unveil the MG Majestor SUV tomorrow, February 12, 2026. The SUV was first showcased at the 2025 Bharat Mobility Expo. It is based on the Gloster but comes with major updates. MG will position the Majestor above the Gloster as a more premium offering. It is expected to rival the Toyota Fortuner Legender.
Expected price
MG is expected to reveal full details, including features, specifications, and variant options. However, official pricing may come later in March. Pre-bookings are expected to open soon after the unveil. Prices are likely to start from around Rs 40 lakh (ex-showroom).
Expected engine
Under the hood, the Majestor is likely to use a 2.0-litre, four-cylinder turbo-diesel engine. The 4×2 version may produce 163 hp and 375 Nm of torque. The 4×4 version is expected to offer higher outputs of 218 hp and 480 Nm. It may also come with three differential locks. Drivers could get dedicated switches for 2WD, 4WD, and low-range 4WD modes.
D+ segment
MG claims the Majestor will be the longest, widest, and tallest in its segment. The company says it will create a new D+ segment above regular D-segment SUVs in India.
Design
In terms of design, the Majestor will get a bold Matrix-style grille. Falcon-inspired LED daytime running lights and split headlamps add a sharp look. The side profile will feature large 19-inch alloy wheels. At the rear, it is expected to get connected LED taillights and a redesigned bumper for a more modern feel.
Cabin and features
Interior details are still under wraps. However, the SUV is likely to offer dual-tone upholstery, a fully digital instrument cluster, and a larger floating touchscreen. Other expected features include a wireless charger, panoramic sunroof, Level 2 ADAS, three-zone climate control, and powered, ventilated, and heated front seats.
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The government has officially launched the 8th Pay Commission website after forming the commission.
It is inviting suggestions from ministries, employees and pensioners. (Representative Image)
The government has opened a fresh window for central government employees and pensioners to share their views on salaries, pensions, and allowances. With a new official portal now live, people linked to government service are closely watching how this process may shape future pay revisions.
The move has generated interest among serving employees, retirees, and various stakeholders who could be impacted by the 8th Pay Commission’s recommendations. Many are now keen to understand who can participate and how they can submit their inputs.
Government Launches 8th Pay Commission Website
A dedicated website for the 8th Pay Commission, https://8cpc.gov.in/, has been launched after the commission was formally constituted. Through this platform, the panel is now inviting feedback from ministries, departments, government employees, pensioners, and other concerned groups.
According to the website, the 8th Central Pay Commission is seeking opinions and inputs to help it make better-informed decisions. To collect responses in a structured way, an online questionnaire with 18 questions has been made available on the MyGov portal.
The website states: “The 8th Central Pay Commission solicits views/opinions/inputs for being better informed. These inputs are being sought in a structured manner through a Questionnaire with 18 questions hosted on the MyGov.in web portal.”
It has also been assured that respondents’ identities will remain confidential. According to the website, all responses will be analysed collectively and no individual name will be disclosed.
Who Can Send Suggestions
According to the website, suggestions have been invited from a broad group of people and institutions linked to government service. This includes employees of central ministries and departments, staff from Union Territories, judicial officers, court officials, and members of regulatory bodies.
Employee unions, retired government staff, pensioners, researchers, academicians, and individual citizens can also share their views. Authorised or nominated nodal officers from ministries, departments, and government offices are also eligible to submit inputs.
Deadline To Submit Responses
The last date to send feedback to the 8th Pay Commission is March 16. After this, the survey will no longer accept submissions.
How To Send Feedback
Those wishing to submit their suggestions must do so through the MyGov link:
The government has clearly stated that only online responses through the MyGov portal will be accepted. “All responses should be through the MyGov portal. Paper based physical response, emails or pdf response are not being considered by the Commission,” according to the website.
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Delhi, India, India
February 11, 2026, 18:22 IST
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