India Extends Income Tax Return Filing Deadline to September 15, 2025

resr 5paisa Capital Ltd

Last Updated: 28th May 2025 - 12:41 pm

3 min read

Good news for taxpayers: India has extended the due date for filing Income Tax Returns (ITRs) for the financial year 2024–25. The new deadline is now September 15, 2025, instead of the usual July 31. This move, announced by the Central Board of Direct Taxes (CBDT), provides individuals and businesses that are not required to undergo audits with an additional 46 days to file their returns.

Why the Extension?

So, what's behind the change? The CBDT shared a few solid reasons:

Late Release of ITR Forms: Forms like ITR-1 (Sahaj) and ITR-4 (Sugam) were only made available in late April. That left very little time for tax platforms and the income tax portal to roll them out properly.

System Updates and Tool Readiness: Even after the forms were released, the online and offline tools required for filing weren't immediately ready. These tools must be thoroughly tested to handle the millions of users.

Form 16 Timing: Employers have until June 15 to issue Form 16. That would have left salaried taxpayers with barely six weeks to gather documents and file their returns. With the extension, there's now a more comfortable window.

What It Means for You

If you're a salaried professional, pensioner, freelancer, or run a small business, this is a breather. You now have more time to:

  • Reconcile your TDS and interest income
  • Double-check pre-filled data with your actual records
  • Avoid late filing interest and penalties under Sections 234A and 234B
     

But don't get too comfortable; if you still miss this new deadline, you can file a belated return until December 31, 2025. Please note that late filing may result in penalties and reduced opportunities for corrections.

Tax Experts Weigh In

Many tax pros are giving a thumbs up to this move.

Ankit Jain, a chartered accountant in Delhi, said, "With quarterly GST and TDS compliance happening simultaneously, this extension helps reduce the workload."

Rachana Gupta, a senior tax advisor in Mumbai, added, "This shows CBDT understands the real-world challenges. Rushing leads to mistakes; this decision helps avoid that."

Chartered Accountant Shalini Mehta, based in Bengaluru, commented: "This extra time allows clients to use Form 26AS and AIS data to make sure nothing has been omitted. Often, taxpayers miss small amounts of interest from savings or fixed deposits, which can trigger automated scrutiny later."

Filing Trends and Tech Glitches

More people are filing their taxes early these days; about 45% did so before the deadline last year. However, this year, some issues with the AIS/TIS systems, particularly with interest income data, have made people more cautious.

That's where the new deadline comes in handy. The extra time lets taxpayers take advantage of pre-filled ITR forms, which pull in data like your salary, TDS, interest, and dividends. Just make sure to check this info carefully against your bank statements, Form 16, and Form 26AS.

CBDT's Bigger Vision

This extension isn't just about giving people more time; it's about allowing them to make the most of it. It reflects a broader shift. The CBDT is striving to make tax filing easier and more transparent by utilising digital tools, implementing smart error checks, and integrating systems with PAN and GST.

A CBDT spokesperson explained it well: "This extension isn't just a delay; it's recognition of how interconnected systems are and the importance of giving people the time and tools to file correctly."

Pro Tips for Taxpayers

With the new September 15 deadline in place, here's what you should do now:

  • Cross-check your Form 16, Form 26AS, and AIS/TIS
  • Use reliable e-filing platforms or talk to a tax expert
  • Report all income, including interest from savings and any capital gains
  • Don't forget to disclose any foreign assets or income; it's mandatory, and skipping it can cost you
     

Important: Even though the deadline has been extended, interest under Section 234A might still apply if you owe more than ₹1 lakh in taxes and pay it after July 31.

Final Thoughts

This deadline extension strikes the right balance between administrative efficiency and real-life challenges faced by taxpayers. It's an opportunity to file your return properly without last-minute panic.

Just remember to use this extra time wisely and stay up to date through official sources, such as www.incometax.gov.in. Don't hesitate to seek professional help if you need it.

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