ITR Filing FY25: CBDT Extends Deadline from July 31 to September 15, 2025
📌 Introduction: Relief for Taxpayers as Deadline Extended
The Central Board of Direct Taxes (CBDT) has officially extended the deadline for filing Income Tax Returns (ITRs) for the financial year 2024-25 (assessment year 2025-26) from the original date of July 31, 2025, to September 15, 2025. This extension provides taxpayers additional time to comply with their tax filing obligations for the Financial Year 2024-25. The Times of India
🗓️ New ITR Filing Deadline: September 15, 2025
The revised deadline of September 15, 2025, applies to individual taxpayers and non-audit cases. This extension aims to facilitate a smoother and more manageable filing process, potentially easing administrative burdens and accommodating any delays taxpayers may face. ClearTaxThe Times of India
🔍 Reasons Behind the Extension
The decision to extend the ITR filing deadline stems from several factors:Navbharat Times+2The Economic Times+2Adroit+2
Delays in Issuing ITR Forms: The Income Tax Department has released the ITR forms by the end of April; however, the necessary utilities or online filing software are still pending release. Financial Express+8The Economic Times+8The Economic Times+8
Technical Updates: The extension provides more time due to significant revisions in ITR forms, system development needs, and TDS credit reflections. News24+1Deccan Herald+1
✅ What Taxpayers Should Do Now
With the extended deadline, taxpayers should:The Times of India+1The Economic Times+1
Wait for Complete Documentation: Taxpayers are advised to delay filing their Income Tax Returns (ITRs) for the financial year 2024-25 (assessment year 2025-26) until after June 15, 2025, as critical documents like TDS certificates (Form 16, Form 16A) are issued only by June 15. The Economic Times
Review Pre-filled Forms Carefully: Ensure that all pre-filled information is accurate and matches your records to avoid discrepancies.
Avoid Early Filing: Filing before June 15 may result in inaccurate or incomplete returns, possibly requiring corrections later. The Economic Times
⚠️ Consequences of Missing the Extended Deadline
Failing to file your ITR by September 15, 2025, can lead to:
Late Filing Fees: Under Section 234F, a late fee of up to ₹5,000 may be levied.
Interest on Tax Due: Interest under Section 234A may be applicable for any outstanding tax liability.
Loss of Certain Deductions: Some deductions and carry-forward of losses may not be available if the return is filed late.
📅 Key Deadlines for FY 2024-25 (AY 2025-26)
Original Deadline: July 31, 2025
Extended Deadline: September 15, 2025
Belated/Revised Return: December 31, 2025
Updated Return: March 31, 2030SAP TAX HUB LLP+1Adroit+1
📝 Conclusion
The extension of the ITR filing deadline to September 15, 2025, offers taxpayers additional time to accurately file their returns. It’s advisable to utilize this period to gather all necessary documents, ensure the accuracy of pre-filled forms, and consult with tax professionals if needed. Timely and accurate filing not only ensures compliance but also facilitates smooth processing of refunds and other tax-related benefits.The Times of India