ITR Filing last date: The last date for filing income tax returns is getting closer. If you miss filing ITR, you may have to pay a heavy penalty.
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New Delhi: The last date for filing Income Tax Return (ITR) is getting closer. If you have not filed your ITR yet, then do it quickly. If you file ITR after the last date, then you may have to pay a heavy penalty.
The last date for filing ITR for the financial year 2024-25 (assessment year 2025-26) is 15 September 2025. The Income Tax Department took this decision because there was a slight delay in issuing the ITR form and some changes were made in the ITR form. People needed more time to understand these changes and fill the form. The Income Tax Department had given this information in May itself through a post on X.
For whom is 15 September the last date?
The last date to file ITR is 15 September for those whose accounts do not need to be audited. These include those who are employed, those who receive rent from a house, pensioners etc. The last date to file ITR was earlier 31 July 2025.
What will happen if the last date is missed?
If you do not file ITR by 15 September, then many types of penalties can be imposed on you. Along with this, many other problems can also arise:
1. Late filing fee (section 234F)
If you do not file the correct ITR by the due date (15 September 2025), then you may have to pay a late fee of up to Rs 5000. If your taxable income is less than Rs 5 lakh, then this fee can be up to Rs 1000.
2. Interest under Section 234A
If you do not pay tax on time, then you will also have to pay interest. This interest will be charged at the rate of 1% per month. This interest will start from the date when the last date for filing ITR will end. This interest will be charged until you file your ITR.
3. Risk of loss
If you file your tax return after the last date prescribed under section 139(1) of the Income Tax Act, you will not be eligible for certain exemptions. You may also lose the opportunity to carry forward and set off losses. However, you can carry forward losses in respect of house property. 4.
Penalty (Section 270A)
If you have taxable income but do not file your income tax return, you may be liable for a penalty under section 270A. This penalty can be up to 50% of the tax that you would have saved by not filing your ITR.
5. Prosecution (Section 276CC)
The Income Tax Department has the power to prosecute non-filers under section 276CC. If found guilty, you can be jailed for a minimum period of 3 months which may extend to 2 years. Additionally, you may have to pay a fine.
