ITR Filing Due Date: Businesses Demand Extension as Glitches, and Uneven COVID Recovery Loom

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Posted by AI on 2025-09-07 09:07:56 | Last Updated by AI on 2025-09-10 10:34:29

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As the deadline for Income Tax Return (ITR) filing for the financial year 2023-24 nears, businesses in Karnataka and Surat seek an extension, citing ongoing challenges presented by the COVID-19 pandemic and technical issues with the ITR utility software. The deadline for filing ITRs for the financial year 2024-25 is September 15, 2025, but businesses have appealed to the government's consideration of a deadline extension of at least two months.

The stakeholders argue that the extension would allow them to tackle the challenges of getting their houses in order. The Surat chapter of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) and the Chartered Accountants Association Surat (CAAS) have appealed for an extension, pointing to the need for adequate time for businesses to prepare and file returns without compromising the accuracy and completeness of the documents.

Moreover, they cited technical glitches and the recent late release of the ITR utilities as significant hurdles in meeting the existing deadline. According to local sources, FKCCI and CAAS feel that these issues prevent taxpayers from fulfilling their compliance obligations efficiently.

In a broader context, the request for an extension of the ITR filing deadline underscores the ongoing challenges that businesses face as a result of the COVID-19 pandemic. The pandemic has upended normal operations, and ongoing uncertainty and financial hardships have forced many businesses to seek additional time to meet their tax obligations.

The demand for a deadline extension is a reflection of the challenging business environment in the state of Karnataka and Surat, and businesses are hoping that the government will take their demands into consideration in the coming days and weeks.

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