ITR Filing FY 2024-25 Last Date: As September begins, taxpayers need to be reminded that the extended deadline for filing income tax returns is fast approaching.
Earlier this year, the Income Tax department granted relief through an extension deadline for filing ITR for the financial year (FY) 2024-25 and assessment year (AY) 2025-26.
Since the income tax filing deadline is unlikely to be extended, tax professionals are advised to utilise the remaining days to ensure accurate and timely submissions.
Delaying beyond the revised ITR filing due date may result in penalties and interest charges.
The deadline for filing ITRs, which was originally set for 31 July 2025, has been extended to 15 September 2025.
If someone misses the due date, they can file a belated return by Wednesday, 31 December 2025, with penalties and interest.
Category of Taxpayer | Due date | Day |
Individual / HUF / AOP / BOI (books of accounts not required to be audited) | 15th September 2025 | Monday |
Businesses (requiring an audit) | 31st October 2025 | Friday |
Businesses requiring transfer pricing reports (international/specified domestic transactions) | 30th November 2025 | Sunday |
Revised return | 31st December 2025 | Wednesday |
Belated/late return | 31st December 2025 | Wednesday |
Updated return | 31st March 2030 | Sunday |
Source: ClearTax.in
If one submits their return after the deadline, they will be liable to pay interest at the rate of 1% each month or part month on the unpaid tax amount under Section 234A.
Additionally, under Section 234F, they’ll be charged a late fee of Rs. 5,000 if the total income exceeds Rs. 5 lakh and Rs. 1,000 if the overall income falls beneath Rs. 5 lakh.