The Income Tax Department has extended the deadline for revising the Income Tax Return (ITR) for Assessment Year (A.Y.) 2024-25 to January 15, 2025, specifically for resident individuals. This extension follows an order from the Bombay High Court, as mentioned in Circular No. 21/2024, which directed the government to provide additional time for taxpayers to revise their returns.

The original deadline for filing revised returns was December 31, 2024, but with the new deadline, taxpayers now have additional time to correct errors, omissions, or discrepancies in their original filings. This extension is aimed at providing relief to individuals who encountered difficulties in meeting the original deadline.

This move is especially beneficial for resident individuals, allowing them to rectify mistakes, update income details, claim deductions, or make other necessary adjustments. It ensures they can comply with tax laws without the risk of penalties. Taxpayers are encouraged to take advantage of this extended deadline to ensure their returns are accurate and complete.

For detailed information, taxpayers can refer to Circular No. 21/2024 issued by the CBDT.