ITR Filing Deadline Today: Final Call for Non-Audit Cases
Thank you for reading this post, don't forget to subscribe!The deadline to file your Income Tax Return (ITR) for the assessment year (AY) 2025–26 is today. This final date applies to most salaried individuals, Hindu Undivided Families (HUFs), and small businesses or professionals who are not required to have their accounts audited.
As the deadline approaches, official data shows that over 6.69 crore ITRs have been filed, with 6.03 crore already verified.
Why Timely Filing Is Crucial
Filing your ITR on time is more than just a legal requirement—it helps you avoid penalties and ensures a smooth process.
- Avoid Late Fees: Missing the deadline can lead to a late fee of up to ₹5,000.
- Prevent Interest Charges: You may face interest charges on any unpaid taxes.
- Quicker Refunds: Timely filing ensures faster processing of any tax refunds you are due.
- Carry Forward Losses: Failing to file by the due date may prevent you from carrying forward certain business or capital losses to offset future income.
Remember: Your ITR is only valid after it has been verified. You can do this electronically through methods like Aadhaar OTP, net banking, or by physically submitting the ITR-V form. The Income Tax Department’s helpdesk is available 24/7 to assist last-minute filers.
