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Income Tax Return Filing Deadline 2025: This is the last date to file ITR, do this work before the deadline or else you will be fined up to Rs 5000..

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If you have not filed your income tax return yet, then this news is for you. The government has extended the last date for filing ITR to 15 September 2025. This is a relief, especially for those who were not able to file till now due to the new changes in the tax system.

Why has the ITR filing deadline been extended?
This time, some changes have been made in the income tax return form, such as the new tax system that has been implemented recently. It took time to update these changes in the income tax portal, so the CBDT, i.e., Central Board of Direct Taxes, decided that taxpayers should be given more time to file returns so that filing is easy and convenient.

What is the last date for which categories?

Not every taxpayer has the same deadline. According to the income tax law, different dates are fixed for everyone.

For individuals, HUFs (Hindu Undivided Families), AOPs, and BOIs that do not require audit, the new deadline is September 15, 2025.

For business units that require an audit, the last date is October 31, 2025.

If your company has to prepare a transfer pricing report (such as in international transactions or certain domestic deals), then your deadline is November 30, 2025.

If a person is filing a return late or revising a previously filed one, then the last date is December 31, 2025.

What happens if you are late in filing ITR?

If you are unable to file your Income Tax Return (ITR) by the due date, then you will get another chance under Section 139(8A). Under this section, you can file updated returns, and now the time limit has also been increased to 48 months, which was earlier 24 months. During this time, while filing ITR, you may have to pay 60% to 70% extra tax.

How much penalty will have to be paid for late ITR filing?
If you file ITR late, then two major sections can be applicable, Section 234A and Section 234F.

Under Section 234A, if you have not paid the tax dues, then you will have to pay 1% interest on that amount every month.

Under Section 234F, a penalty of up to Rs 5000 will have to be paid for late filing if your income is more than Rs 5 lakh. If your income is less than Rs 5 lakh, then this penalty will be Rs 1000.

If you have already paid self-assessment tax and now only ITR is left to be filed, then interest will not have to be paid under Section 234A, provided you file the return by the extended date i.e. 15 September 2025.

This news is important for all those who do jobs, are freelancers, or run a small business. Paying tax on time is not only a legal responsibility, but also an important part of your financial planning.

Disclaimer: This content has been sourced and edited from News 18 hindi. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.