Making an ITR (ITR) is a crucial aspect of balancing your tax obligations. Hence, it’s crucial to stay up on the newest deadlines and tax requirements. This guide outlines the due ITR filing date for filing ITR for the various categories of taxpayers to help you get through the tax filing process without difficulty.
Latest Update: Tax Filing Season Begins!
The Central Board of Direct Taxes (CBDT) has released the ITR-1 as well as ITR-4 forms for Assessment Year (AY) 2025-26 which marks the beginning of the year of tax-filing. If you earned income from the 1st of April in 2024 until 30th March 2025 it is mandatory to report it on these revised forms.
When is the Last ITR Filing Date?
For taxpayers who are not audited the deadline to file an ITR for the financial year 2024-25 (AY 2025-26) is:
31st July 2025
If you don’t meet the deadline, you may submit the late return up to the 31st of December 2025 but with the an amount of penalty and interest.
ITR Filing Due Dates – AY 2025-26
| Category of Taxpayer | Due Date for ITR Filing (FY 2024-25) |
|---|---|
| Individual / HUF / AOP / BOI (non-audit) | 31st July 2025 |
| Businesses Requiring Audit | 31st October 2025 |
| Transfer Pricing Cases (international/domestic transactions) | 30th November 2025 |
| Revised Return | 31st December 2025 |
| Belated Return | 31st December 2025 |
| Updated Return | 31st of March, 2030 (4 years after the end of the year) |
Consequences of Missing the ITR Filing Deadline
Inadvertently missing the ITR deadline can cause you to be penalized in many ways:
Interest under Section 234A
You are required to pay an interest rate of 1% per month or a portion of it on any tax unpaid amount.
Late Fees under Section 234F
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The amount is 5,000 if the total income is greater than the amount of Rs5 lakh
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The amount is Rs1,000 if the your total income is less or equal to five lakh
Loss Adjustment Restrictions
If you do not meet the deadline If you miss the deadline, you can’t carry forward the losses (such as capital or business losses) into the future — which is a significant disadvantage in terms of financials.
What if I Miss the ITR Filing Deadline?
If you’re late by the due date originally do not panic! There are still options available:
Belated Return
You can file a belated return until 31st December 2025. Be aware that:
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Interest and late fees are charged.
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The loss cannot be carried forward
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Deductions are still deductible
Updated Return (ITR-U)
Have you missed the deadline, even though it’s been extended? You are able to submit an amended tax return within two years from the date of the assessment year in question (i.e. up to 31 March in 2030) subject to certain requirements are met.
Revised Return
Have you already filed your ITR, but have you made mistakes? Make an revision of your return before the 31st of the month of December to rectify mistakes or to include deductions that were not taken.
Understanding Financial Year (FY) vs Assessment Year (AY)
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Fiscal Year (FY): The year during which income is earned.
Example FY 2024-25 (1 April 2024 – 30 March 2025) -
Assessment Year (AY): The year when the tax assessment is made and returns are filed.
Example The year is AY 2025–26 (1 April 2025 – 30 March 2026)
Illustration
If you made a profit during the FY2024-25 then you must file your ITR in the tax year 2025-26 with the appropriate form and slab of tax.
Advance Tax Deadlines for FY 2024-25
If your tax obligation is greater than the amount of Rs 10,000 per year (excluding TDS) You must pay tax in advance by installments. The dates are:
| Due Date | Nature of Payment | Tax Payable |
|---|---|---|
| 15th June 2024 | 1st Installment | 15percent of the tax obligation |
| 15th September 2024 | 2nd Installment | The tax rate is 45%. obligation |
| 15th December 2024 | 3rd Installment | 75% of the tax obligation |
| 15th March 2025 | Final Installment | 100percent of the tax obligation |
| 15th March 2025 | For presumptive scheme taxpayers | Tax liability is 100%. obligation |
Why You Need a Tax Consultant or the Best CA Firm
The process of filing taxes, particularly in the case of audits, foreign earnings or multiple income sources is a challenge. This is where an expert tax consultant and the best CA firm can assist:
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Check for the correct selection of ITR forms
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Maximize deductions and exempts
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Reduce the chances of receiving tax notices
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Correct and timely filing
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Tax planning expert advice and tax compliance
Whether you’re filing for individual or business having a tax professional to assist you ensures your peace of mind as well as adherence to changes in tax law.
Final Checklist Before Filing ITR
Here’s what you require:
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PAN & Aadhaar
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Formula 16 (for salaried employees)
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TDS Certificates (Form 16A)
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Form 26AS and AIS
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Bank account details
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Proof of investment for deducting
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Statements of capital gains (if appropriate)
Summary
| Topic | Details |
|---|---|
| Last Date (Non-Audit) | 31st July 2025 |
| Belated/ Revised Return | 31st December 2025 |
| Updated Return | 31st March 2030 |
| Interest | A 1% monthly rate (Sec 234A) |
| Late Fee | Rs1,000 to Rs5,000 (Sec 234F) |
Need Help Filing Your ITR?
Do not wait until to the very last moment. Get in touch with the tax consultant and/or the best CA firm for filing your tax return quickly and precisely. Avoid penalties, save time and increase the amount of your refund.
