Income Tax Return Filing Deadline: Sept 15, 2025

The Finance Ministry has reminded taxpayers of the Income Tax Return (ITR) filing deadline for FY 2024–25 (AY 2025–26), set on September 15, 2025. While extensions have been granted earlier this year, official communications suggest that there may not be any further extension for non-audit taxpayers.

With over 5 crore ITRs already filed by September 8, 2025, the government seems determined to maintain the deadline. Tax experts, however, caution that regional deadline extensions could still be possible due to weather disruptions and delayed release of ITR utilities.

In this blog, we’ll explain:

• Why the ITR deadline may not be extended further

• Importance of filing ITR on time

• Latest official statistics on ITR filings

• Expert opinions on possible regional relaxations

• Late filing fees and penalties

• FAQs for taxpayers

Why the ITR Filing Deadline Matters

Filing an Income Tax Return (ITR) is more than just a compliance formality. It is a legal obligation under the Income Tax Act and serves multiple purposes:

• Declaring income and taxes paid

• Claiming eligible refunds

• Acting as proof for financial transactions such as loan applications, visa processing, and credit checks

• Avoiding penalties and interest charges

Timely filing ensures smoother financial processes and prevents unnecessary legal and financial hurdles.

Finance Ministry Reminder: September 15, 2025 Deadline

On September 7, 2025, the Finance Ministry issued a reminder that:

• The due date for filing ITRs was already extended once, from July 31, 2025 to September 15, 2025.

• The 45-day extension was provided to give taxpayers more time for compliance.

• There is now low likelihood of any further extension, particularly for non-audit category taxpayers.

The reminder also stressed that missing the deadline could invite late fees, penalties, and interest charges.

Current Status of ITR Filings (As of September 8, 2025)

According to the Income Tax Department’s official data:

• Total registered individual users: 13.37 crore

• Total ITRs filed: 5 crore

• Verified returns: 4.72 crore

• Processed returns: 3.39 crore

This indicates that a large number of taxpayers have already complied, reducing the justification for another extension.

Year-on-Year Growth in ITR Filings

The Finance Ministry document highlighted steady growth in ITR filings:

• AY 2023–24: 6.77 crore ITRs filed

• AY 2024–25: 7.28 crore ITRs filed (7.5% YoY growth)

The trend reflects:

• Increased digital adoption

• Expansion of the tax base

• A rising number of first-time filers

• More taxpayers opting for the New Tax Regime

This growth shows that the tax system is becoming more robust and taxpayer-friendly.

Expert Opinions on the Deadline

1. Government’s Stance

Manas Chugh, Chartered Accountant at Oslan Consultants, noted:

• Despite form and utility delays, mismatches in AIS/TIS/26AS, and portal issues, the government is firm on sticking to September 15, 2025.

• Taxpayers should avoid last-minute delays and file returns early to prevent portal congestion.

2. Possibility of Regional Extensions

Kinjal Bhuta, CA and Tax Lawyer, highlighted:

• Staggered release of ITR utilities reduced filing season time.

• Inclement weather in several states made timely filing challenging.

• Regional extensions may be possible, but if announced, they should be done well in advance, not at the last minute.

What Happens If You Miss the ITR Deadline?

If taxpayers fail to file ITR before September 15, 2025, they will face the following consequences:

1. Late Filing Fees (U/S 234F)

• Income above ₹5 lakh → ₹5,000 penalty

• Income below ₹5 lakh → ₹1,000 penalty

2. Interest on Outstanding Tax (U/S 234A)

• 1% per month or part thereof on pending tax dues until filing is completed.

3. Other Consequences

• Delay in refund processing

• Loss of certain deductions and carry-forward of losses

• Possible notices from the IT Department

Why You Should File ITR Early

Filing ITR well before the deadline has multiple advantages:

• Avoids penalties and late fees

• Ensures faster refund processing

• Reduces chances of portal slowdowns near the deadline

• Provides time to correct mismatches in AIS/TIS/26AS

• Builds a solid financial record for loans, credit cards, and visas

Step-by-Step Guide for Smooth ITR Filing

1. Collect Documents – Form 16, Form 26AS, AIS, TIS, and investment proofs

2. Check Eligibility – Ensure which ITR form applies to you

3. Login to e-Filing Portal – Visit incometax.gov.in

4. Fill the ITR Form – Enter income details, deductions, and exemptions

5. Validate with AIS & 26AS – Cross-check with Annual Information Statement

6. Pay Outstanding Tax (if any)

7. Submit & E-Verify – Complete the verification via Aadhaar OTP, net banking, or Demat account

Frequently Asked Questions (FAQs)

1. What is the ITR filing deadline for FY 2024–25 (AY 2025–26)?

The last date to file ITR for non-audit taxpayers is September 15, 2025.

2. Will the ITR deadline be extended again?

As per Finance Ministry communications, no further extension is likely. However, regional relaxations may be possible due to weather or utility delays.

3. What is the late filing penalty if I miss the deadline?

• ₹5,000 if income exceeds ₹5 lakh

• ₹1,000 if income is below ₹5 lakh

4. How much interest is charged on late ITR filing?

The IT Department charges 1% monthly interest on outstanding taxes until filing.

5. Can I file ITR after the deadline?

Yes, you can file a belated return (with penalties) before the end of the assessment year.

Conclusion

The Income Tax Return (ITR) filing deadline of September 15, 2025 is fast approaching. With the Finance Ministry showing no signs of granting another extension, taxpayers should act quickly. Filing on time helps avoid penalties, late fees, and interest charges, while ensuring smooth refund processing and financial credibility.

Instead of waiting for possible extensions, taxpayers are strongly advised to file early and stay compliant.