The Central Board of Direct Taxes (CBDT) has announced an extension of the Income Tax Return (ITR) filing deadline for the Assessment Year 2025–26 (for income earned in FY 2024–25).
The new due date for non-audit taxpayers is 15 September 2025, providing individuals and small businesses additional time to file their returns without penalty.
Who Needs to File an ITR?
Every individual or entity whose income exceeds the basic exemption limit (₹2.5 lakh for individuals, higher for senior citizens) must file an ITR. Filing on time ensures compliance, avoids penalties, and allows you to claim refunds.
Which ITR Form Should You File?
- ITR-1 (Sahaj): For resident individuals with income ≤ ₹50 lakh from salary, one house property, or other sources.
- ITR-2: For individuals/HUFs with income > ₹50 lakh, multiple house properties, capital gains, or foreign income.
- ITR-3: For individuals/HUFs with income from business or profession.
- ITR-4 (Sugam): For individuals, HUFs, or firms (other than LLPs) under the presumptive taxation scheme with income ≤ ₹50 lakh.
- ITR-5, 6, 7: For partnership firms, LLPs, companies, and trusts.
Important Due Dates for AY 2025–26
| Category | Due Date |
| Individuals & non-audit taxpayers | 15 September 2025 |
| Audit cases (business/profession) | 31 October 2025 |
| Transfer pricing cases | 30 November 2025 |
| Belated return (with late fee) | 31 December 2025 |
| Revised/Updated return (ITR-U) | Up to 31 March 2030 |
Penalties for Late Filing
- ₹5,000 if income > ₹5 lakh.
- ₹1,000 if income ≤ ₹5 lakh.
- Additional interest under Sections 234A, 234B, 234C may apply.
Why File on Time?
✔️ Avoid penalties and interest
✔️
Claim refunds faster
✔️
Stay compliant and improve financial credibility
✔️
Avoid scrutiny or notices
Quick Filing Tips
- Link your PAN with Aadhaar
- Verify Form 26AS / AIS (Annual Information Statement)
- Pre-validate your bank account for faster refunds
- Keep investment and deduction proofs handy
