ITR Filing Last Date FY 2024-25 (AY 2025-26): Updated Deadline for Filing Income Tax Returns in India

ITR Filing Last Date FY 2024-25:- Are you worried about missing the ITR Filing Last Date FY 2024-25? Filing an Income Tax Return (ITR) is a crucial responsibility for every taxpayer in India. Not only does it ensure compliance with tax laws, but it also helps you claim refunds, carry forward losses, and provide essential financial documentation for loans, visas, or government tenders. For the Financial Year (FY) 2024-25 (Assessment Year 2025-26), the Central Board of Direct Taxes (CBDT) has extended the ITR filing deadline for non-audit taxpayers from July 31, 2025, to September 15, 2025. This comprehensive guide will walk you through the ITR Filing Last Date FY 2024-25, the filing process, penalties, and other vital information.

ITR Filing Last Date FY 2024-25: An Overview

The ITR Filing Last Date FY 2024-25 refers to the deadline for submitting your Income Tax Return for the Financial Year 2024-25 (April 1, 2024, to March 31, 2025), which is assessed for tax purposes in the Assessment Year (AY) 2025-26. Due to significant updates in ITR forms and system enhancements, the CBDT has extended the deadline for non-audit taxpayers to September 15, 2025. Missing this deadline allows you to file a belated return by December 31, 2025, but with applicable penalties and interest. This article covers all categories of taxpayers, including individuals, businesses, and those requiring audits.

Key ITR Filing Deadlines

Below is a table summarizing the ITR Filing Last Date FY 2024-25 for different taxpayer categories:

Taxpayer Category	ITR Filing Last Date FY 2024-25	Belated Return Deadline
Non-Audit Individuals, HUF, AOP, BOI	September 15, 2025	December 31, 2025
Businesses Requiring Audit	October 31, 2025	December 31, 2025
Businesses with Transfer Pricing Reports	November 30, 2025	December 31, 2025

Note: Always check the Income Tax Department’s official website for the latest updates on deadlines.

Why Filing ITR is Important

Filing an ITR is more than a legal obligation; it offers several financial and administrative benefits:

• Claim Refunds: If you’ve paid excess tax, filing an ITR allows you to claim a refund.
• Carry Forward Losses: Capital or business losses can be carried forward to offset future income, but only if you file on time.
• Financial Documentation: ITR serves as proof of income for loans, visas, or government tenders.
• Legal Compliance: Timely filing prevents penalties, interest, and potential legal action.

Who Needs to File ITR for FY 2024-25?

Not everyone is required to file an ITR, but certain conditions make it mandatory. Here’s who needs to file for FY 2024-25:

• Individuals: If your gross total income exceeds the basic exemption limit:
  • ₹3 lakh (new tax regime) or ₹2.5 lakh (old tax regime) for individuals below 60 years.
  • ₹3 lakh (old regime) for senior citizens (60-79 years).
  • ₹5 lakh (old regime) for super senior citizens (80+ years).
• Businesses and Professionals: Regardless of income, if you run a business or profession.
• Others: If you have foreign assets, claim tax relief under Double Taxation Avoidance Agreements (DTAA), or deposit more than ₹1 crore in a savings account, ₹50 lakh in a current account, or incur ₹2 lakh on foreign travel.

Types of ITR Forms for FY 2024-25

Choosing the correct ITR form is critical to avoid errors. Below is a breakdown of ITR forms for FY 2024-25:

ITR Form	Who Can Use It
ITR-1 (Sahaj)	Salaried individuals, pensioners, or those with income from one house property (up to ₹50 lakh).
ITR-2	Individuals/HUFs with capital gains, foreign income, or more than one house property.
ITR-3	Individuals/HUFs with income from business or profession (non-presumptive).
ITR-4 (Sugam)	Individuals/HUFs with presumptive business/profession income (up to ₹50 lakh).
ITR-5	Firms, LLPs, AOPs, BOIs, or trusts.
ITR-6	Companies not claiming exemption under Section 11.
ITR-7	Trusts, political parties, or entities claiming exemption under Section 11.

Tip: Use the Income Tax e-Filing Portal’s Form Selection Tool to identify the right form.

How to File ITR for FY 2024-25?

Filing an ITR is now simpler with the Income Tax Department’s e-filing portal. Follow these steps to file your ITR before the ITR Filing Last Date FY 2024-25:

1. Register/Login: Visit incometax.gov.in and log in using your PAN and password. If new, register with your PAN.
2. Select ITR Form: Choose the appropriate ITR form based on your income sources.
3. Gather Documents:
   • Form 16 (from employer for TDS).
   • Form 26AS (tax credit statement).
   • Bank statements, investment proofs (e.g., ELSS, PPF).
   • Capital gains statements (stocks, mutual funds).
4. Fill ITR Details: Enter income, deductions, and tax details. Use pre-filled data from Form 26AS and AIS (Annual Information Statement).
5. Verify Tax Liability: Calculate tax payable or refundable. Pay any outstanding tax via net banking or challan.
6. Submit and Verify: Submit the ITR and verify it within 30 days via Aadhaar OTP, net banking, or by sending a signed ITR-V to CPC, Bengaluru.

Penalties for Missing ITR Filing Last Date FY 2024-25

Missing the ITR Filing Last Date FY 2024-25 can lead to financial and legal consequences:

• Late Filing Fee (Section 234F):
  • ₹5,000 if filed after September 15, 2025, but before December 31, 2025.
  • ₹1,000 for taxpayers with income below ₹5 lakh.
• Interest on Unpaid Tax (Section 234A): 1% per month on outstanding tax from September 15, 2025.
• Loss of Benefits: Inability to carry forward losses or claim certain deductions.
• Scrutiny Risk: Delayed filing increases the chances of tax scrutiny.

Case Study: Vikram missed the September 15, 2025, deadline and filed his ITR on November 10, 2025. His income was ₹8 lakh, so he paid a ₹5,000 late fee plus 1% monthly interest on unpaid tax of ₹50,000 for two months (₹1,000).

Common Mistakes to Avoid While Filing ITR

To ensure a smooth filing process, avoid these common errors:

• Wrong ITR Form: Using ITR-1 for capital gains income instead of ITR-2.
• Incorrect Bank Details: Entering wrong IFSC or account number delays refunds.
• Mismatched Income: Not reporting all income sources (e.g., interest, freelance income) as per Form 26AS/AIS.
• Missing Deductions: Forgetting to claim Section 80C, 80D, or HRA exemptions.
• Not Verifying ITR: Failing to verify within 30 days renders the ITR invalid.

Tip: Cross-check your ITR with Form 26AS and AIS to ensure accuracy.

New Updates for ITR Filing FY 2024-25

The CBDT has introduced several changes for FY 2024-25 to simplify tax compliance:

• Extended Deadline: Non-audit taxpayers get until September 15, 2025, due to system upgrades.
• Pre-Filled ITRs: Enhanced pre-filled data in ITR forms, including salary, interest, dividends, and capital gains.
• New Tax Regime Default: The new tax regime (lower rates, fewer exemptions) is the default, but you can opt for the old regime.
• Updated AIS: The Annual Information Statement now includes more details like SFT (Statement of Financial Transactions) and foreign income.

How to Track ITR Status and Refunds?

After filing your ITR, you can track its status and refund progress:

1. Login to e-Filing Portal: Use your PAN and password.
2. Check ITR Status: Go to “e-File” > “Income Tax Returns” > “View Filed Returns.”
3. Track Refund: Under “My Account,” select “Refund Status” and enter your PAN and AY (2025-26).
4. Expected Timeline: Refunds are typically processed within 4-6 weeks if verified on time.

Tip: Ensure your bank account is pre-validated on the e-filing portal for faster refunds.

FAQ: ITR Filing Last Date FY 2024-25

1. What is the ITR Filing Last Date FY 2024-25 for individuals?

The ITR Filing Last Date FY 2024-25 for non-audit individuals, HUFs, AOPs, and BOIs is September 15, 2025, as extended by the CBDT due to updates in ITR forms and system enhancements. If you miss this deadline, you can file a belated return by December 31, 2025, but you’ll incur a late filing fee of ₹5,000 (or ₹1,000 if income is below ₹5 lakh) under Section 234F, plus 1% monthly interest on unpaid tax under Section 234A. To file on time, visit incometax.gov.in, select the appropriate ITR form (e.g., ITR-1 for salaried individuals), and submit before the deadline.

Timely filing ensures you can claim refunds, carry forward losses, and avoid penalties. Always verify your ITR within 30 days using Aadhaar OTP or other methods.

2. What happens if I miss the ITR Filing Last Date FY 2024-25?

Missing the ITR Filing Last Date FY 2024-25 (September 15, 2025, for non-audit taxpayers) has several consequences. You can file a belated return by December 31, 2025, but you’ll face:

• A late filing fee of ₹5,000 (₹1,000 if income is below ₹5 lakh) under Section 234F.
• Interest at 1% per month on unpaid tax under Section 234A.
• Loss of benefits like carrying forward capital losses or claiming certain deductions.
• Increased risk of tax scrutiny by the Income Tax Department.

3. Who is required to file ITR for FY 2024-25?

You must file an ITR for FY 2024-25 if:

• Your gross total income exceeds ₹3 lakh (new tax regime) or ₹2.5 lakh (old tax regime) for individuals below 60 years.
• You run a business or profession, regardless of income.
• You have foreign assets/income or claim DTAA relief.
• You deposit ₹1 crore in a savings account, ₹50 lakh in a current account, or spend ₹2 lakh on foreign travel.

Senior citizens (60-79 years) and super senior citizens (80+ years) have higher exemption limits under the old regime (₹3 lakh and ₹5 lakh, respectively). Even if your income is below the threshold, filing ITR is beneficial for refunds or documentation.

4. How can I avoid penalties while filing ITR for FY 2024-25?

To avoid penalties before the ITR Filing Last Date FY 2024-25:

• File on Time: Submit your ITR by September 15, 2025, for non-audit cases.
• Choose the Right Form: Use ITR-1 for salaried income, ITR-2 for capital gains, etc.
• Report All Income: Include salary, interest, dividends, and freelance income as per Form 26AS/AIS.
• Pay Outstanding Tax: Settle any tax liability via net banking or challan before filing.
• Verify ITR: Complete verification within 30 days using Aadhaar OTP, net banking, or ITR-V.

Tip: Use the e-filing portal’s pre-filled ITR feature to minimize errors. Cross-check with Form 26AS and AIS to ensure all income is reported.

5. What are the new changes for ITR filing in FY 2024-25?

For FY 2024-25, the CBDT has introduced several updates:

• Extended Deadline: Non-audit taxpayers get until September 15, 2025.
• Pre-Filled ITRs: More comprehensive data, including salary, interest, dividends, and SFT details.
• New Tax Regime Default: Lower tax rates with fewer exemptions, but you can opt for the old regime.
• Enhanced AIS: Includes foreign income, SFT, and detailed transaction data.

These changes aim to simplify compliance and reduce errors. For instance, if you’re a salaried employee, your ITR-1 will auto-populate with TDS and interest details, making filing faster.

Conclusion

The ITR Filing Last Date FY 2024-25 is a critical deadline for all taxpayers in India. With the extended deadline of September 15, 2025, for non-audit taxpayers, you have ample time to file accurately and avoid penalties. This guide has covered everything from choosing the right ITR form to tracking refunds and avoiding common mistakes. By filing on time, you can claim refunds, carry forward losses, and ensure compliance with tax laws. If this article helped you, share it with friends or family, leave a comment with your questions, or subscribe to our newsletter for the latest tax updates!