ITR Filing Deadline Extended Amid Rush: What You Need to Know

The income tax return (ITR) filing deadline for the financial year 2024-25 has experienced a significant shift. Originally set for July 31, 2025, the Central Board of Direct Taxes (CBDT) extended the deadline to September 15, 2025, due to substantial changes in the ITR forms for assessment year 2025-2026. This extension aimed to provide taxpayers with sufficient time to adapt to the new forms and ensure a smooth filing process.

However, contrary to some social media rumors suggesting a further extension to September 30, 2025, the Income Tax Department has reaffirmed that the deadline remains September 15, 2025. Late last night, there was a brief extension to September 16 for the filing, but this was not a widespread announcement and may apply to specific circumstances or updates beyond the general deadline.

Missed the deadline? You can still file a belated return until December 31, 2025. However, late filing attracts penalties under Section 234F and interest under Section 234A of the Income Tax Act, 1961. The penalty for individuals with income exceeding ₹5 lakhs is up to ₹5,000.

As of September 15, over 7.08 crore ITRs have been filed, with around 6 crore e-verified. Despite these numbers, experts note that around 1 crore more ITRs are yet to be filed.

For those who missed the deadline, it is crucial to file as soon as possible to minimize penalty charges. The refund processing typically takes 20-45 days after filing and e-verification.