Introduction

The deadline for filing Income Tax Returns (ITR) for Assessment Year (AY) 2025–26, covering income earned in Financial Year 2024–25, has already been extended once by the Central Board of Direct Taxes (CBDT). Originally set for 31 July 2025, the due date was pushed to 15 September 2025 due to delays in ITR utilities and changes in filing systems. With the extended deadline now approaching, taxpayers are anxiously watching for signs of another extension.

Background

The extension to September was granted to give individuals and non-audit cases more time to adapt to substantial changes in ITR forms and system readiness. However, as the new deadline nears, technical glitches, slow portal responses, and late release of filing utilities continue to trouble filers, prompting fresh appeals from taxpayers, tax consultants, and professional associations for another extension.

Current Status

As of now, there is no official notification from the CBDT or the Ministry of Finance about extending the deadline further. Government sources indicate reluctance to prolong the filing window, stressing the need to stick to compliance timelines.

Consequences of Missing the Deadline

If taxpayers fail to file by 15 September 2025, they can still submit a belated return up to 31 December 2025. However, this comes with consequences:

• Late fee under Section 234F.

• Interest liability under Section 234A (if tax is outstanding).

• Delays in refunds.

• Increased chances of scrutiny by the Income Tax Department.

Outlook

With mounting pressure from professional bodies and taxpayers, the government may face last-minute calls to reconsider. However, unless an official extension is declared, taxpayers are advised to complete their filings before 15 September 2025 to avoid penalties.