ITR Filing 2025 Deadline Extended: Key Details You Should Know

The Central Board of Direct Taxes (CBDT) has extended the last date to file Income Tax Returns (ITR) for the financial year 2024-25 (Assessment Year 2025-26) for non-audit cases, including salaried individuals. The new deadline is September 15, 2025, extended from the earlier date of July 31, 2025.

Penalty for Late Filing

If returns are filed after the new deadline:

A penalty of ₹5,000 will apply for taxpayers with income above ₹5 lakh.

₹1,000 will be charged for those with lower incomes, as per Section 234F.

Other Important Deadlines

Belated and revised returns: Can be filed till December 31, 2025.

Updated returns (ITR-U): Can be filed up to March 31, 2030.

Self-Assessment Tax Payment

While the filing date has been extended, self-assessment tax must still be paid by July 31, 2025. Delayed payments may attract interest under Section 234A.

Reasons for Extension

The extension follows:

Delays in updated ITR forms and e-filing facilities.

Late reflection of TDS data in Form 26AS and AIS.

Refund Interest Benefit

Taxpayers eligible for refunds may gain up to 33% higher interest under Section 244A, calculated from April 1 regardless of the deadline shift. However, this interest is taxable and must be disclosed in the ITR.

New Filing Utility

The Income Tax Department has launched a new Excel-based offline utility for ITR-1 and ITR-4. Taxpayers can now validate and file returns by creating a JSON file and uploading it to the portal.