ITR filing FY 2024-25: What is the deadline for Income Tax Returns & will it be extended? Know penalty for late filing
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ITR filing FY 2024-25: The Income Tax Department has extended the ITR filing deadline for AY 2025-26 to September 15, 2025, for non-audit taxpayers. This extension, from the usual July 31st, accommodates changes in ITR forms. Taxpayers are advised to file before the deadline to avoid penalties, including late fees up to Rs 5,000 and a 1% monthly interest on outstanding taxes. What's Your Reaction?
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