The deadline for filing Income Tax Returns (ITR) in India for FY 2024-25 (AY 2025-26) is 15th September 2025, following an extension from the original 31st July date. Most experts and government communications currently indicate no further extension is likely, and taxpayers are urged to file promptly to avoid penalties and interest.
ITR Filing Due Date: Latest Update
For FY 2024-25, the Central Board of Direct Taxes (CBDT) extended the ITR filing due date for non-audit cases from July 31 to September 15, 2025. This deadline includes individuals, HUFs, salaried taxpayers, and those using ITR Forms 1 to 4. It primarily covers people earning from salary, pension, rental income, capital gains, or other sources, and small businesses under the presumptive taxation schemes (Sections 44AD, 44ADA, 44AE).
Reasons for Extension and Demand for Further Relief
The extension to September 15 was granted due to late release of ITR forms, technical glitches in the e-filing portal, and widespread disruptions caused by adverse weather in parts of India. However, many taxpayers and professionals continue to face difficulties, including persistent portal issues and compressed filing timelines. Various associations, including the Institute of Chartered Accountants of India (ICAI), have appealed for an additional extension, citing ongoing problems with the IT portal, refund delays, and the late rollout of utilities required for filing.
Despite these appeals, government sources consistently state that a further extension is unlikely, as the CBDT already provided a 45-day grace period beyond the original deadline. As of mid-September, approximately 5.4 crore ITRs had been filed, a figure notably lower than the previous year’s count, partly due to these ongoing challenges.
What If The Deadline Is Missed?
If a taxpayer fails to file their ITR by September 15, 2025, the law imposes a late filing fee of up to ₹5,000 for incomes over ₹5 lakh, or ₹1,000 for lower incomes, under Section 234F of the Income Tax Act. From September 16 onwards:
- Returns may still be filed as a belated return until December 31, 2025, but late fees and interest on unpaid taxes will apply.
- If missed again, an updated return (ITR-U) may be filed within four years, i.e., up to March 31, 2030, though additional conditions and higher fees may be attached.
- Taxpayers will not be able to carry forward certain losses (e.g., capital market losses) if the original deadline is missed.
Penalties and Fines
- Section 234F: Late filing fee of ₹5,000 (over ₹5 lakh income) or ₹1,000 (other cases).
- Section 234A: Interest at 1% per month (or part thereof) on any unpaid tax after the due date.
- Late returns may also delay refunds, and certain deductions and loss claims may be forfeited.
Key Guidelines for Taxpayers
- Prepare and keep handy required documents: PAN, Aadhaar, Form 16, Form 26AS, AIS, investment proofs, home loan certificates, and details of foreign assets or income (if applicable).
- Choose the right ITR form as per income source.
- File by the current deadline to avoid penalties and loss of tax benefits.
Possibility of More Extensions
As of the latest updates, the tax authorities have not announced any further extensions beyond September 15, 2025. While multiple professional bodies have requested such an extension, the likelihood remains low and any change will be officially notified.
Conclusion
The ITR deadline for FY 2024-25 is 15th September 2025 after a one-time extension. With further extensions appearing unlikely, taxpayers are strongly advised to file their returns immediately to avoid penalties and ensure compliance.
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