Concerned about the deadline for filing income tax returns? Will the government extend the deadline once more, or will you file delayed returns? Regarding ITR filing for FY24–25 and AY25–26, we address all of your inquiries.
The final days are here to file your ITR without penalty.
What’s the new last date to file your ITR?
In May, the Income Tax Department extended the deadline for filing returns for Assessment Year 2025-26 (FY 2024-25). Taxpayers now have time until September 15, 2025, instead of the earlier July 31, 2025.
This year’s extension is longer than usual, as in previous years the date was typically pushed only till August 31.
CBDT Explains Reason Behind ITR Deadline Extension
The CBDT (Central Board of Direct Taxes) extended the ITR filing deadline because this year’s ITR forms (for AY 2025-26) are not the same as before.
They made big changes in the structure and content of the forms. These updates are meant to:
make compliance easier,
improve transparency, and
help taxpayers report income more accurately.
But since the forms changed a lot, the tax department’s systems and utilities (software/tools used for filing) also needed updates. That meant extra time was required for development, testing, and making everything ready for use.
The extension was given to reduce stress for taxpayers and professionals, ensuring they have enough time to file correctly without errors.
The ultimate goal is to maintain the accuracy and reliability of the return filing process.
Some experts told Livemint that taxpayers are struggling with the new ITR forms for FY24-25, as they require more detailed disclosures. Claiming HRA now needs landlord PAN and property details, while insurance deductions require policy numbers. This has doubled the time needed for filing, said CA Chirag Chauhan.
Taxpayers missing the Sept 15 deadline can still file belated ITRs for FY24-25/AY25-26 until Dec 31, 2025, but with penalties. Those earning above ₹5 lakh may face up to ₹5,000 fine, while income up to ₹5 lakh attracts a maximum of ₹1,000. Delayed returns may also lose some deductions and face higher scrutiny.