No, the ITR filing deadline is unlikely to be extended.
The deadline for filing Income Tax Returns (ITR) for the 2024-25 financial year is September 15, 2025. This date, which applies to non-audit taxpayers, is already an extension from the original July 30 deadline.
Despite requests from tax experts and associations due to technical glitches and portal issues, the Finance Ministry has not indicated that it will push the deadline further. With over 5 crore returns already filed, the government is encouraging taxpayers to complete their filings as soon as possible.
Key Deadlines to Remember
- September 15, 2025: ITR filing deadline for non-audit taxpayers.
- September 30, 2025: Deadline for submitting the audit report for taxpayers whose accounts require auditing.
- October 31, 2025: ITR filing deadline for audit taxpayers.
What Happens If You Miss the Deadline?
Missing the deadline can result in penalties and interest. You may have to pay:
- Late Filing Fee: A penalty of ₹5,000 if your income is over ₹5 lakh, and ₹1,000 if it’s below ₹5 lakh.
- Interest: Interest at a rate of 1% per month on any unpaid tax.
Filing on time helps you avoid these penalties and ensures faster processing of any refunds you may be owed.