π¨ Tax Alert! The last date to file your ITR for FY 2024–25 has been extended to September 15, 2025. Avoid penalties and file on time! πΌπ #ITR2025 #IncomeTaxIndia #TaxDeadline #CBDTUpdate
Last Date to File ITR in India for FY 2024–25 (AY 2025–26)
The Income Tax Department has officially extended the deadline to file Income Tax Returns (ITR) for the financial year 2024–25. Originally set for July 31, 2025, the new last date is September 15, 2025, applicable to individuals, HUFs, and other taxpayers whose accounts are not required to be audited.
Why Was the Deadline Extended?
- Structural changes in ITR forms
- System readiness delays
- Rollout of updated ITR utilities
- Technical issues accessing AIS and TIS forms
This extension ensures taxpayers have adequate time to comply with the new reporting requirements.
Who Is Affected?
- Salaried individuals
- Pensioners
- NRIs
- HUFs
- Freelancers and professionals not requiring audit
Businesses requiring audit must file by October 31, 2025, and those with international transactions by November 30, 2025.
What Happens If You Miss the Deadline?
If you fail to file by September 15, 2025, you can still:
- File a belated return by December 31, 2025
- File a revised return if errors are found
- File an updated return (ITR-U) within 48 months, but with additional tax penalties
However, missing the deadline may lead to:
- Late filing fees under Section 234F (₹1,000 to ₹5,000)
- Interest penalties under Section 234A (1% per month)
- Loss of carry-forward benefits for capital losses
- Reduced eligibility for certain deductions
Important Notes on Tax Payment
- Self-assessment tax must be paid on or before September 15, 2025 to avoid interest under Section 234A.
- Interest under Sections 234B and 234C still applies for shortfall or delay in advance tax payments.
Tips for Timely Filing
- Gather documents early – PAN, Aadhaar, Form 16, bank statements, Form 26AS, AIS.
- Choose the correct ITR form – Based on income type and taxpayer category.
- Verify details – Ensure accuracy in income, deductions, and bank info.
- Use trusted platforms – Government portal or verified third-party services.
Conclusion
The extension to September 15, 2025 offers relief, but don’t wait till the last minute. Filing your ITR on time ensures compliance, avoids penalties, and speeds up refunds. Stay informed, stay compliant!
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