Income Tax Return (ITR) Filing Due Dates for FY 2024–25 (AY 2025–26)
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By Raushan Kumar
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Income Tax
- May 03, 2025
- 2 minutes read
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577 Views
Filing your Income Tax Return (ITR) within the stipulated timeline is crucial to avoid penalties, ensure compliance, and maintain a healthy financial record. Below are the official due dates for ITR filing for the Financial Year 2024–25 (Assessment Year 2025–26).
ITR Filing Due Dates
Category of Taxpayer Due Date Individuals, HUFs, AOPs, and BOIs (no audit required) 31st July 2025 Businesses or professionals requiring audit 31st October 2025 Taxpayers requiring transfer pricing report (Form 3CEB) 30th November 2025
Consequences of Missing the Deadline
Failing to file your return by the due date can lead to:
- Late Filing Fee under Section 234F:
- ₹1,000 if total income is up to ₹5 lakh
- ₹5,000 if total income exceeds ₹5 lakh
- Interest on Tax Due under Section 234A:
Interest at 1% per month (or part of a month) on any unpaid tax amount from the due date until the return is filed. - Loss of Certain Benefits:
- Inability to carry forward losses under capital gains or business income
- Delay in receiving income tax refunds
Importance of Filing ITR on Time
- Legal compliance under the Income Tax Act
- Avoidance of interest and penalties
- Quicker processing of refunds
- Essential documentation for visa applications, loan approvals, and other financial verifications
- Eligibility for various deductions and exemptions
Filing your ITR on time not only helps you stay compliant but also strengthens your financial credibility for future transactions.
-
By Raushan Kumar
- Income Tax
- May 03, 2025
- 2 minutes read
- 577 Views
Filing your Income Tax Return (ITR) within the stipulated timeline is crucial to avoid penalties, ensure compliance, and maintain a healthy financial record. Below are the official due dates for ITR filing for the Financial Year 2024–25 (Assessment Year 2025–26).
ITR Filing Due Dates
| Category of Taxpayer | Due Date |
|---|---|
| Individuals, HUFs, AOPs, and BOIs (no audit required) | 31st July 2025 |
| Businesses or professionals requiring audit | 31st October 2025 |
| Taxpayers requiring transfer pricing report (Form 3CEB) | 30th November 2025 |
Consequences of Missing the Deadline
Failing to file your return by the due date can lead to:
- Late Filing Fee under Section 234F:
- ₹1,000 if total income is up to ₹5 lakh
- ₹5,000 if total income exceeds ₹5 lakh
- Interest on Tax Due under Section 234A:
Interest at 1% per month (or part of a month) on any unpaid tax amount from the due date until the return is filed. - Loss of Certain Benefits:
- Inability to carry forward losses under capital gains or business income
- Delay in receiving income tax refunds
Importance of Filing ITR on Time
- Legal compliance under the Income Tax Act
- Avoidance of interest and penalties
- Quicker processing of refunds
- Essential documentation for visa applications, loan approvals, and other financial verifications
- Eligibility for various deductions and exemptions
Filing your ITR on time not only helps you stay compliant but also strengthens your financial credibility for future transactions.
Author
Raushan Kumar
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