ITR Filing Deadline on September 15, 2025: what happens if you miss

ITR Filing Deadline: The Income Tax Filling (ITR) filing deadlines for the Assessment Year (AY) 2025-26 (for the Financial Year 2024-25) are approaching. The deadline for filing ITR for Assessment Year (AY) 2025-26 for non-audit cases is September 15, 2025. ITR Filing Deadline on September 15, 2025: what happens if you miss.

The extended deadline to file your ITR is September 15, 2025. This includes most salaried employees, individuals who are not required to get their accounts audited. The original deadline was July 31, 2025, but it was extended to give taxpayers more time to comply.

What happens If you miss this deadline:

1. Late Filing Fees (Section 234F)

You will have to pay a late fee when you file your “belated return.” The amount of the fee depends on your total income:

If your total income is over Rs 5 lakh, the fee is Rs 5,000.

If your total income is up to Rs 5 lakh, the fee is limited to Rs 1,000.

If your total income is below the taxable limit, you will not be charged a late fee, but you should still file to carry forward any losses or claim a refund.

2. Interest on Unpaid Tax (Section 234A)

If you have any outstanding tax liability, you will be charged an interest of 1% per month or part of a month on the unpaid amount from the original due date until you file the return. This is in addition to the late filing fee.

3. Loss of Carry-Forward Benefits

This is a significant consequence. If you file a belated return, you will lose the ability to carry forward certain losses (such as business losses or capital losses) to offset against income in future years. However, you can still carry forward losses from house property and unabsorbed depreciation.

4. Delayed Refunds

If you are due a tax refund from the Income Tax Department, filing your ITR after the deadline will significantly delay the processing and credit of your refund.

5. Inability to Switch Tax Regimes

The new tax regime is now the default. If you intended to opt for the old tax regime to claim various deductions and exemptions, you must do so by filing your return on or before the original deadline. If you file a belated return, you cannot switch from the new tax regime to the old one.

What is a Belated Return?

Even if you miss the September 15th deadline, you can still file a “belated return” under Section 139(4) of the Income Tax Act. The last date to file a belated or revised return for AY 2025-26 is December 31, 2025.

Important Note

The government has not indicated any plans for a further extension of the ITR filing deadline. It is strongly advised to file your return as soon as possible to avoid these penalties and consequences.

Also Read: PhonePe, Google Pay and Paytm rules change from September 15