29/10/2025

Income Tax Return 2025: Know the Final Date to File Your ITR Now!

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ITR 2025

The last date to file your Income Tax Return (ITR) for AY 2025–26 for the F.Y. 2024–25 is 31st July 2025. This is the last date for most individual taxpayers including salaried persons, freelancers and professionals whose accounts don’t require auditing. It is very important to file your ITR as soon as possible which would save you from late filing fees as well as allow for any refunds you may have to be processed immediately. If you miss the deadline you will be liable for a maximum penalty of ₹5,000 under Section 234F of the Income Tax Act. Even if you miss the July deadline you still have the option of filing your belated Return by your new deadline of 31st December 2025 but penalties and interest will apply.

 

In addition, the Income Tax Department also allows you to file a revised return in ITR-U form within 48 months of the last date of the applicable assessment year. This allows you to correct or declare any omitted income for AY 2025–26 till 31 March 2029. Though the revised return is beneficial, filing an ITR-U incurs additional taxes and interest payments. When you file the ITR, Themake sure your PAN is connected with Aadhaar as it is a condition for successfully filing your ITR. Have documents in hand, such as Form 16s, interest certificate, proofs of investment, and other credentials to report accurately.

 

One further thing to note is to choose old tax regime or new tax regime. If you want to continue with the prior tax regime of claiming deductions/exemptions, then you must submit Form 10-IEA within the required time period. By keeping abreast of these essentials, and filing your ITR in reasonable assets of time, you will be compliant, avoid penalties, and benefit from all applicable tax benefits available. Think about visiting the official income tax portal frequently, or speaking with a tax advisor, to ensure you stay current and your filing is as easy as possible.

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