Income Tax Return (ITR) Filing Deadlines for FY 2024-25 (AY 2025-26)
Filing your Income Tax Return (ITR) is an essential financial responsibility for every taxpayer in India. It ensures compliance with tax laws, helps claim eligible deductions, and reports your tax liabilities to the Income Tax Department.
For the Financial Year (FY) 2024-25 (Assessment Year AY 2025-26), the government has extended the ITR filing deadline for non-audit taxpayers to 15th September 2025. Missing this deadline may attract penalties and interest charges. However, taxpayers can still file a belated return by 31st December 2025.
Key ITR Filing Dates for FY 2024-25
The Income Tax Department has released the Excel utility for ITR-1 and ITR-4 on 30th May 2025, marking the beginning of the tax filing season.
ITR Filing Start Date
While the ITR filing process usually begins on 1st April of the assessment year, this year, due to significant updates in ITR forms, the process started on 30th May 2025.
Last Date to File ITR for Different Categories
| Category of Taxpayer | Due Date for Filing ITR (FY 2024-25) |
|---|---|
| Individuals/HUF/AOP/BOI (No audit required) | 15th September 2025 |
| Businesses requiring audit | 31st October 2025 |
| Businesses needing transfer pricing reports | 30th November 2025 |
| Revised Return | 31st December 2025 |
| Belated/Late Return | 31st December 2025 |
| Updated Return (ITR-U) | 31st March 2030 (4 years from AY end) |
Consequences of Missing the ITR Deadline
1. Interest Charges (Section 234A)
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If you file after the due date, you must pay 1% monthly interest on unpaid tax.
2. Late Filing Fee (Section 234F)
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₹5,000 if income exceeds ₹5 lakh
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₹1,000 if income is below ₹5 lakh
3. Loss Adjustment Restrictions
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You cannot carry forward losses (from stocks, property, or business) if the return is filed late.
What If You Miss the Deadline?
Belated Return
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Can be filed until 31st December 2025
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Penalties and interest apply
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Losses cannot be carried forward
Revised Return
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Correct errors in the original return
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Deadline: 31st December 2025
Updated Return (ITR-U)
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Filed within 4 years (by 31st March 2030) with additional tax
Financial Year (FY) vs. Assessment Year (AY)
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FY 2024-25: Income earned between 1st April 2024 – 31st March 2025
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AY 2025-26: Year in which you file returns for FY 2024-25 (1st April 2025 – 31st March 2026)
Advance Tax Payment Deadlines for FY 2024-25
| Due Date | Instalment | Tax Payable |
|---|---|---|
| 15th June 2024 | First | 15% of tax liability |
| 15th September 2024 | Second | 45% (cumulative) |
| 15th December 2024 | Third | 75% (cumulative) |
| 15th March 2025 | Final | 100% of tax liability |
Key Takeaways
✔ File ITR by 15th September 2025 (non-audit cases)
✔ Businesses must file by 31st October 2025 (audit cases)
✔ Belated returns allowed till 31st December 2025 (with penalties)
✔ Pay advance tax on time to avoid interest