The deadline for filing Income Tax Returns (ITR) for the Assessment Year 2025-26, initially set for July 31, 2025, has been extended to September 16, 2025. This extension, from the original extended date of September 15, 2025, was announced by the Central Board of Direct Taxes (CBDT).
Who is Affected?
This deadline applies to taxpayers who are not subject to tax audits and are filing ITR forms 1 to 4, including individuals, Hindu Undivided Families (HUFs), and other eligible entities.
Why the Extension?
The initial extension to September 15th was granted to accommodate "structural and content revisions" in the ITR forms for AY 2025-26. These revisions necessitated modifications to the ITR filing utilities and the back-end system. The further extension to September 16th was likely to facilitate changes in the utilities. The e-filing portal was scheduled to be under maintenance from 12:00 AM to 02:30 AM on September 16, 2025, to implement these changes.
Penalties for Late Filing
Taxpayers who miss the extended deadline of September 16, 2025, will face penalties. As per Section 234F, a penalty of ₹5,000 will be levied on those with an income exceeding ₹5 lakh. Taxpayers with income up to ₹5 lakh will be charged a reduced penalty of ₹1,000.
Even with these penalties, individuals can still file a belated return until December 31, 2025. However, in addition to the late fee, if there is any unpaid tax liability, interest will be charged at 1% per month on the outstanding amount, calculated from the original due date until the actual filing date. Filing after the due date also means you cannot carry forward losses (other than house property loss) under Section 139(3).
Benefits of Filing ITR, Even with Non-Taxable Income
Even if your income falls below the taxable limit, filing an ITR can be beneficial. Some find it necessary to file ITR, irrespective of their taxable income being less than the basic exemption amount.
Essential Documents for Filing
Before initiating the filing process, ensure you have the necessary documents ready:
How to File Your ITR
The government provides an e-filing portal and a mobile app to facilitate ITR filing. To file your ITR, follow these general steps:
Clarification on Fake News
The Income Tax Department has refuted claims circulating on social media regarding further extensions beyond September 15th. The department has urged taxpayers to rely solely on official sources for updates and announcements. The Income Tax Department's helpdesk is available 24/7 to assist with filing and related services.
