The final date to file Income Tax Returns (ITR) for the Financial Year 2024-25 (Assessment Year 2025-26) is September 15, 2025. This extension from the original deadline of July 31 was granted by the Central Board of Direct Taxes (CBDT) to provide taxpayers with additional time to complete their filings.
This deadline applies to individuals, Hindu Undivided Families (HUFs), and entities filing ITR forms 1 to 4, provided they are not subject to a tax audit. It encompasses those earning income from salary, pension, rent, capital gains, or other sources, as well as small businesses and professionals under the presumptive taxation schemes outlined in Sections 44AD, 44ADA, and 44AE.
Current Filing Status and Technical Challenges
As of September 11, 2025, approximately 5.47 crore ITRs have been filed, with 3.66 crore returns verified. This figure is notably lower than the 7.28 crore returns filed by the same date last year, indicating a decline in filing activity.
Taxpayers and professionals have reported various technical issues, including difficulties in accessing the TRACES portal, issues with OTP generation, and problems with the Annual Information Statement (AIS) and Form 26AS. These challenges have led to calls for an extension of the filing deadline.
No Further Extension Expected
Despite the ongoing technical difficulties and requests from various stakeholders, including tax professionals and Members of Parliament, the Finance Ministry has indicated that no further extension will be granted beyond the September 15 deadline for non-audit cases.
Taxpayers are strongly advised to file their returns promptly to avoid potential penalties and interest on outstanding taxes.
Consequences of Missing the Deadline
If you fail to file your ITR by September 15, 2025, you may face penalties under Section 234F:
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₹5,000 if your total income exceeds ₹5 lakh
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₹1,000 if your total income is ₹5 lakh or less
Additionally, interest may be levied under Sections 234A, 234B, and 234C on any unpaid taxes.
Filing After the Deadline
Even if you miss the September 15 deadline, you can still file a belated return until December 31, 2025. However, this may attract penalties and interest. Alternatively, you can file an updated return within 48 months from the end of the relevant assessment year, provided you meet the conditions specified under Section 139(8A).
Tips for Timely Filing
To ensure a smooth filing process:
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Verify your details: Ensure all personal and financial information is accurate.
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E-verify promptly: Complete the e-verification process to validate your return.
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Seek assistance if needed: Consult a tax professional if you encounter difficulties.
Filing your ITR on time helps maintain compliance and avoid unnecessary financial burdens.
Also Read: How to File ITR Without Form 16: Step-by-Step Guide for Salaried Employees
