ITR Deadline: This year the last date for filing Income Tax Return (ITR) has been extended to 15 September 2025 instead of 31 July. This is for the financial year 2024-25 and assessment year 2025-26. If you do not file ITR by this date, you may have to pay a fine.
This year the last date for filing Income Tax Return (ITR) has been extended to 15 September 2025 instead of 31 July. This is for the financial year 2024-25 and assessment year 2025-26. If you do not file ITR by this date, you may have to pay a fine.
Why was the date extended?
The Central Board of Direct Taxes (CBDT) said that many changes have been made in the ITR form this year. Due to these changes, it took more time for the system to be ready and new utilities to be launched. That is why the date was extended to give more time to the taxpayers.
Will the date be extended again?
Tax experts say that there is no possibility of the date being extended again this year. Unlike previous years, this year the ITR-1 form was released in June itself, due to which many taxpayers have already filed their returns.
According to ClearTax, the number of people filing ITR-2 and ITR-3 has also increased by 300% in the last three weeks. In such a situation, it seems that most people will file their ITR by September 15.
What problems are taxpayers facing?
- Some taxpayers and CAs are facing problems while filing ITR. Like…
- To claim HRA, more information has to be provided, such as property address and owner’s PAN
- It has become mandatory to enter the policy number for deduction of insurance premium.
- Some users are facing problems with Digital Signature Certificate (DSC).
Penalty for late filing
- If you do not file ITR by September 15, you can file a “belated return” by December 31, 2025, but it will attract a penalty.
- If income is more than ₹5 lakh: Penalty up to ₹5,000
- If income is ₹5 lakh or less: Penalty of ₹1,000
- Additionally, filing late may cause you to lose certain tax benefits (such as capital loss carry forward), and your returns may also come under closer scrutiny of the Income Tax Department.
Keep these documents ready before filing ITR
- – Form 16 (from current and previous employer)
- – PAN card and Aadhaar card (must be linked)
- – Proof of investments (Bank FD, PPF, etc.)
- – Home Loan Interest Certificate
- – Insurance premium receipts
- – Form 26AS (from TRACES website)
- – AIS
If you have not filed your ITR yet, then hurry up. There are only a few days left for 15th September. Delay will not only result in a penalty, but there will also be a delay in getting the refund. Officially, there is no news of any further extension, so file your ITR on time.
