The Income Tax Return (ITR) filing season is in full swing, and taxpayers are asking one key question: Will the ITR deadline for FY 2024-25 be extended beyond 15 September 2025? Staying updated is crucial to avoid late fees, interest, and potential delays in refunds.
Current Status of the ITR Deadline
The current deadline for filing ITR for the financial year 2024-25 (Assessment Year 2025-26) is 15 September 2025. This was previously extended from the original date of 31 July 2025 to give taxpayers and professionals more time for accurate filing.
Despite requests from tax professionals and associations citing technical issues and other challenges, the government has not announced any further extension. Authorities have indicated that the September 15 deadline is final.
Penalties for Missing the Deadline
If you miss the 15 September deadline, you can still file a belated return until 31 December 2025, but it comes with penalties:
Late Fee: ₹5,000 (reduced to ₹1,000 if income is below ₹5 lakh)
Interest: Charged under Sections 234A, 234B, and 234C on any outstanding tax
Delayed Refunds: Processing may take longer than usual
Filing on time helps you avoid these unnecessary costs and delays.
Tips to File Your ITR on Time
File Early: Avoid last-minute rushes and portal downtime.
Save Drafts: Use the “Save Draft” feature to double-check all details before final submission.
Verify Details: Ensure your personal, bank, and tax-related information is accurate.
Track Refunds: Monitor your refund status regularly to catch any discrepancies.
Conclusion
While taxpayers hope for an extension, the current final deadline remains 15 September 2025. Filing early, verifying all details, and being prepared can save you from penalties, interest, and delayed refunds.
Stay proactive and file your ITR on time to ensure a smooth tax season.
FAQ
Q1: Can I still file my ITR after 15 September 2025?
Yes, you can file a belated return until 31 December 2025, but it will attract penalties and interest.
Q2: How much is the late fee for ITR filing?
₹5,000, reduced to ₹1,000 if your total income is less than ₹5 lakh.
Q3: Will there be another extension announced?
As of now, no official extension beyond 15 September 2025 has been announced.
Q4: What happens if I delay filing my ITR?
You may face late fees, interest charges, and delayed refunds.
Q5: How can I avoid last-minute stress while filing ITR?
File early, verify all details, save drafts, and track your refund status regularly.
Published on : 12th September
Published by : SMITA
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