ITR Filing last Date 2025-26: Today, i.e., September 16th 2025 is the last date for filing of your Income Tax Return (ITR) for FY 2024-25 (AY 2025-26).
Did you miss it? Relax, you can still submit a belated return, but with some additional charges and conditions. Below is an easy guide to tell you all about it.
ITR Filing Date Extension News
What's the latest details about the deadline?The initial deadline to file ITR for FY 2024-25 was July 31, 2024. It was extended to September 15, then to September 16, 2025, for individuals who do not require an audit. If you fail to meet today's deadline, you can still submit a belated ITR, albeit with penalties and some restrictions.
Can You File ITR After September 16?
Yes, you can file a belated return if you miss today's deadline. But it will cost you more, and there are some catches.
Key Things to Know About Belated ITR
1. Who Can File a Belated Return?
Anyone who missed the September 16 deadline can file a belated return for Assessment Year 2025-26.
2. Last Date for Belated ITR
You have up to December 31, 2025, to file your belated FY 2024-25 return.
3. Late Filing Penalties | Belated ITR Filing Penalty
If you submit a belated return, you'll be required to pay a penalty under Section 234F:- Rs 5,000 if submitted on or before December 31, 2025.
- Rs 10,000 if submitted after December 31 but up to March 31, 2026.
- If your income is Rs 5 lakh or less, the fine is just Rs 1,000.
4. Interest on Unpaid Taxes
You will also have to pay interest under Section 234A if you have any tax payable.
5. Losses You Can't Carry Forward
If you file after time, you can't roll forward certain losses (such as business or capital losses) to subsequent years. But losses on "Income from House Property" are fine.
6. Correcting Your Return
Made an error in your tardy return? You can make a revised return as late as December 31, 2025.
7. Refunds
You are still entitled to a refund of excess tax paid, albeit delayed due to delayed filing.
8. Verification
Once you've filed, you need to verify your return;
- Online: Through Aadhaar OTP, net banking, etc.
- Offline: Signature-attested ITR-V form to be sent to the Centralized Processing Centre (CPC) in Bengaluru within 120 days.
How to File a Belated ITR Online?
Here's how to step by step file your late ITR for AY 2025-26:1. Go to the e-filing portal: Access the Income Tax Department's e-filing portal (https://www.incometax.gov.in/iec/foportal/).
2. Log In or Register: Login using your PAN as the User ID. If new, register first.
3. Select the Correct ITR Form: Select the form corresponding to your income sources (such as salary, business, etc.).
4. Choose Assessment Year: Ensure you choose AY 2025-26 (for FY 2024-25).
5. Enter Details: Enter your income and deductions and compute any tax payable.
6. Pay Tax and Penalty: Settle any due taxes, penalty and interest.
7. File and Verify: File the return online and confirm it through Aadhaar OTP or alternative modes.
Why File Even If Late?
Filing a late return puts you on the correct side of tax legislations. It saves you from higher penalties and allows you to claim refunds if you've paid additional tax. Don't delay, submit your late ITR by December 31, 2025 to remain compliant!
In case you require more assistance, visit the official Income Tax e-filing website or consult a tax professional.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
