Income Tax ITR Filing Due Date
Indian people must file income tax returns (ITRs) every year to make sure they follow the Income Tax Act, 1961. When you have to file your ITR depends on the type of user you are and whether your accounts need to be audited. Here is a full list of all the due dates to file ITR for AY 2025-26 different types of Indian taxes.
Due Dates for FY 2024-25 (AY 2025-26)
Here is a summarization you can follow:
People and Taxpayers Who Don’t Need an Audit
Due date: July 31, 2025
This data is for people, Hindu Undivided Families (HUFs), Association of Persons (AOPs), and Body of Individuals (BOIs) whose books of accounts don’t need to be audited.
Due Date for Businesses that Need to Be Audited
Due date: November 15, 2025
Businesses that need to go through a tax check have until this date to do so. The original due date was October 31, but for some groups, it has been moved to November 15, 2018.
Businesses that do certain domestic or international business
Due date: November 30, 2025
This is for businesses that do certain types of domestic or foreign business that need to file a transfer pricing report under Section 92E of the Income Tax Act.
Changes and Late Returns
Due date: December 31, 2025
By this date, taxpayers can file updated or late tax returns. But if you file after the due date, you will have to pay a late fee and interest.
Changed Returns (ITR-U)
Due date: March 31, 2030
Taxpayers can make changes to their returns up to four years after the end of the assessment year in question. This part of the law lets you change or add to reports that have already been filed.
What to Do If You Miss the Deadline
Late report: Section 139(4) of the Income Tax Act lets you file a late report. However, this comes with penalties and limitations on claiming deductions under the old tax system if filed after the deadline.
Revised Return: If you’ve already filed but need to fix errors, you can file a revised return.
In summary, while missing the ITR filing date incurs penalties and interest, filing a belated return is still preferable to not filing at all. It helps avoid more severe legal penalties and ensures compliance with tax laws.
Why is Filing on Time Important
If you file your ITR after the due date, you will be charged. The fine is ₹1,000 for people whose wealth is less than 5 lakhs, and it can go up to ₹5,000 for others. Under Section 234A, interest may also be added to the amount of tax that is owed.
It’s important to file your ITR on time for several reasons:
- Stays out of trouble: Filing on time helps avoid late fees and interest.
- Helps with Refunds: Filing on time makes it easier to get refunds quickly.
- Keeps Accurate Financial Records: It helps keep accurate financial records.
New changes and updates
The Indian government has made some changes to the tax system, including:
More time to file updated returns: From FY 2025–26 on, taxpayers will have four years to update their returns.
As part of the new tax system, the government has put in place a new tax slab structure. This has helped middle-class people by raising the rebate limit under Section 87A.
What Happens If Someone Fails to File ITR on Time
Not filing your ITR by the due date can have several effects, such as fines, interest charges, and possibly legal problems. If you miss the date, these things will happen:
Reward and Fees
- Fees for filing late: If your income is more than 5 lakh rupees, Section 234F says you have to pay a late filing fee of ₹5,000. It costs ₹1,000 if your income is less than 5 lakhs.
- Interest Penalty: Section 234A says that if you owe taxes, you have to pay 1% interest every month on the amount you owe. This interest is worked out from the date the payment was due to the date it was filed.
Getting Less Help
If you file your tax return after the deadline, you might not be able to carry forward losses under some headings, like business or capital gains, if you file your late return after the deadline.
Delayed Refunds: If you’re expecting a refund, filing late can make it take longer to handle and send you the money.
Effects on the Law
Section 276CC of the Income Tax Act says that you can be prosecuted if you don’t file an ITR for a long time.
Income Tax Notices: If you miss the date, you may get notices from the Income Tax Department.
Get Started with TaxDunia
India’s taxpayers must know and follow the ITR filing due dates to escape fines and make sure they follow the tax laws. The due dates depend on the type of user and whether their accounts need to be audited. Let’s get started with TaxDunia to maximize the tax savings and meet smooth compliance from the comfort of your home.
