What is the Start Date of ITR Filing for FY 24-25?
The ITR filing for FY 24-25 (AY 25-26) has started on 30th May 2025. Generally, the ITR filing begins around April 1st of the assessment year. As per this, the ITR filing should have started in April. However, in FY 24-25, the government has made various changes in the ITR forms, reporting requirements, etc. Due to these changes, it requires additional time to update the ITR utilities, and the ITR filing deadline has been extended by 1.5 months, i.e., 15th September 2025.
When is the Last Date to File ITR for FY 24-25?
The last date to file ITR for FY 2024-25 has been extended to 15th September 2025, instead of 31st July 2025, for non-audit taxpayers. However, if you miss the ITR filing deadline, you can file a belated return by 31st December 2025.
The 15th September extension applies to
- Individuals
- Hindu Undivided Family (HUF)
- Association of Persons (AOP)
- Body of Individuals (BOI)
- Private Limited Companies (non-audit)
- LLPs and Partnerships (non-audit)
- One Person Companies (non-audit)
Deadline extensions do not apply to
Audit cases (businesses, trusts, political parties)
- Audit report due: 30th September 2025
- ITR due: 31st October 2025
Transfer pricing cases
- ITR Due: 30th November 2025
Returns filed under section 92E
- ITR Due: 31st October 2025
Revised or Belated Returns
- Last date: 31st December 2025
Income Tax Filing Due Dates for FY 2024-25 (AY 2025-26)
| Category of Taxpayer |
Due Date for Tax Filing - FY 2024-25 *(unless extended) |
Individual / HUF/ AOP/ BOI
(books of accounts not required to be audited) |
15th September 2025 |
| Businesses (Requiring Audit) |
31st October 2025 |
| Businesses requiring transfer pricing reports (in case of international/specified domestic transactions) |
30th November 2025 |
| Revised return |
31st December 2025 |
| Belated/late return |
31st December 2025 |
| Updated return |
31 March 2030 (4 years from the end of the relevant Assessment Year) |
What are the Reasons for the Extension of the ITR Filing Deadline?
The deadline for filing ITR for FY 24-25 has been extended to 15th September 2025 to make the necessary adjustments to the significant changes introduced in the ITR forms.
Here are the key changes that were introduced for ITR filing in FY 24-25 -
Changes in ITR Forms
The ITR forms for AY 2025-26 have undergone significant changes and revisions due to the updates announced in Budget 2024. These changes aim to -
- Simplify compliance requirements
- Improve accuracy in reporting
- Enhance transparency
As a result, it requires more time to integrate, update, and test the e-filing systems and utilities.
System Development Needs
The income tax portal is being updated to reflect the changes in the ITR forms. Updating these systems is important because -
- It enables smooth and secure filing
- Ensures accurate validation of data.
- Reduces technical glitches and errors.
Delayed Reflection of TDS Credit
- TDS statements, due to be filed by May 31, 2025, will start reflecting in June.
- This would have left the taxpayers with a very short window for filing their ITR by 31st July.
- The extension of the deadline provides more room for taxpayers to file their ITR accurately.
What are the Consequences of Missing the ITR Filing Deadline?
- If you miss the new ITR filing deadline for FY 24-25, i.e.,15th September 2025, you can still file a belated return by 31st December 2025 (unless extended).
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If you file your ITR after the extended deadline, you will have to pay a penalty of -
- Rs. 1,000 (if your income is upto Rs. 5 lakhs)
- Rs. 5,000 (if your income is above Rs. 5 lakhs).
- If you have unpaid taxes and miss the deadline, you might also have to pay interest under sections 234A, 234B, and 234C.
- Missing the deadline can lead to delayed processing of your ITR, and you might not be able to carry forward the losses from capital gains or business income.
- Delayed filings can attract scrutiny from the income tax department, especially if there are inconsistencies in high-value transactions.
What Happens if You Miss ITR Filing?
If you missed the due date for filing your ITR, you can still file it as a belated return.
A belated return allows you to file your ITR after the deadline, but you’ll need to pay a late fee and interest. Also, you won’t be able to carry forward any losses to future years.
However, you can still claim eligible deductions and exemptions.
The deadline to file a belated return is 31st December of the assessment year, unless the government extends it.
Now that the ITR filing deadline has been extended, it is not the time to relax and wait for the last moment to file your ITR. Rather, it is an opportunity to maximize your tax savings, plan your taxes well, and file your ITR carefully to avoid notices and missed deadlines. Also, with the significant changes in the ITR forms, it is advisable to take professional help, as it will help ensure seamless and accurate ITR filing. Book an online CA now!
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