ITR Filing Due Date Extended for FY 2024-25 (AY 2025-26)
The Central Board of Direct Taxes (CBDT) has extended the Income Tax Return (ITR) filing due date for non-audit taxpayers from 31st July 2025 to 15th September 2025. This extension comes in light of recent changes in the ITR forms and the time required to update the filing utility. The revised deadline is aimed at easing the filing process and ensuring taxpayer convenience.
ITR Filing: A Crucial Obligation for Taxpayers
Filing ITR is an essential responsibility for all taxpayers in India. It involves declaring all sources of income, claiming eligible deductions, and paying due taxes. Filing within the deadline ensures compliance and avoids penalties.
Revised ITR Filing Dates for FY 2024-25 (AY 2025-26)
| Category | ITR Filing Due Date |
|---|---|
| Individuals / HUF / AOP / BOI (non-audit cases) | 15th September 2025 |
| Businesses requiring audit | 31st October 2025 |
| Businesses with transfer pricing requirements | 30th November 2025 |
| Revised or Belated Return | 31st December 2025 |
| Updated Return | 31st March 2030 |
Note: A belated or revised return can be filed until 31st December 2025, while an updated return can be submitted within 4 years from the end of the assessment year.
When Can You Start Filing ITR for FY 2024-25?
Typically, the ITR filing window opens on April 1st of the assessment year. However, due to delays in implementing changes in the filing utilities, ITR filing for FY 2024–25 is now expected to begin by June 2025.
Consequences of Missing the ITR Filing Deadline
Failing to file ITR by the due date can result in:
- Interest under Section 234A: 1% per month (or part thereof) on unpaid tax.
- Late Filing Fee under Section 234F:
- ₹5,000 if total income exceeds ₹5 lakh.
- ₹1,000 if total income is ₹5 lakh or less.
- Loss Carry Forward Restrictions: Losses from stocks, mutual funds, property, or business cannot be carried forward if the return is filed late.
What If You Miss the Deadline?
If you miss the original filing deadline, here are your options:
1. File a Belated Return
- Available up to 31st December 2025.
- Late fee and interest will apply.
- Losses cannot be carried forward.
- Deductions and exemptions can still be claimed.
2. File an Updated Return
- Applicable up to 31st March 2030.
- Allows corrections or reporting of missed income.
- Subject to additional taxes and interest.
Conclusion
The extension of the ITR filing deadline to 15th September 2025 provides relief for non-audit taxpayers, especially considering the recent updates in ITR forms. However, it’s important to file your return within this new deadline to avoid penalties and preserve tax benefits like loss carry-forward. If you do miss the date, act quickly and consider filing a belated or updated return to remain compliant.
