ITR Filing 2025: What is the Deadline to File Income Tax Return This Year?
Filing your Income Tax Return (ITR) on time is not just a legal requirement in India but also essential to avoid penalties and ensure smooth processing of refunds. As we step into the financial year 2024-25, here’s everything you need to know about the ITR filing deadlines for 2025.
What is ITR Filing?
Income Tax Return (ITR) is a form where taxpayers declare their income, expenses, deductions, and taxes paid to the Income Tax Department. Filing ITR is mandatory for individuals and entities earning above the taxable limit, and it also serves as proof of income for loans, visas, and other financial transactions.
Deadline to File ITR for FY 2024-25 (AY 2025-26)
For most individual taxpayers (whose accounts do not need to be audited), the last date to file ITR is July 31, 2025.
Here’s a breakdown of key deadlines:
- July 31, 2025 – For individual salaried taxpayers and HUFs (whose accounts are not audited).
- October 31, 2025 – For taxpayers whose accounts require auditing (e.g., businesses and professionals).
- November 30, 2025 – For companies or entities that are required to furnish a report under Section 92E (international or specified domestic transactions).
What Happens If You Miss the Deadline?
If you miss the ITR deadline, you can still file a belated return till December 31, 2025. However, late filing attracts a penalty of up to ₹5,000 under Section 234F, and you may also lose out on certain deductions and carry-forward benefits.
Benefits of Filing ITR Early
- Faster refund processing
- Avoidance of late filing fees
- Easier access to loans and visas
- Proof of income and compliance
How to File ITR for FY 2024-25
- Gather documents: Form 16, bank statements, investment proofs, TDS certificates, etc.
- Choose the correct ITR form based on your income type.
- Log in to the [Income Tax e-filing portal](https://www.incometax.gov.in).
- Fill in the details, verify them, and submit.
- E-verify your return using Aadhaar OTP, net banking, or other methods.
Final Thoughts
Don't wait until the last moment to file your ITR. The deadline for most individual taxpayers is July 31, 2025. Filing on time not only helps you stay compliant but also ensures peace of mind.
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