Extension of ITR Due Date – AY 2025-26: Everything You Need to Know

 The Income Tax Department has officially announced an extension of the due date for filing Income Tax Returns (ITR) for the Assessment Year (AY) 2025–26. This comes as a major relief to individual taxpayers and small businesses who were struggling to complete their filings within the earlier deadline.

As per Circular No. 06/2025, dated 27th May 2025, the new due date for filing ITR for Financial Year 2024–25 has now been extended to 15th September 2025.

But before you sit back and relax, let’s break down who can benefit from this extension, who is excluded, and why you should still not wait until the last minute to file your returns.

🗓️ New ITR Filing Due Date: 15th September 2025

The original due date for filing returns under Section 139(1) of the Income Tax Act for most taxpayers was 31st July 2025. With this extension, you now have an additional 45 days to file your return.

This extension applies to the majority of assessees, making tax compliance easier and ensuring more people can file their returns without penalty.

👉 Who Can Avail This Extension?

The extended deadline is applicable for all assessees other than specific categories (discussed below). That means if you fall into the category of salaried individuals, small business owners, freelancers, or those with simple income structures – this extension is for you!

❌ Who is Excluded from the Extension?

The following categories of taxpayers cannot avail this extended deadline and must stick to their original due dates:

  1. Corporate Assessees
    Companies registered under the Companies Act or any other law will still need to file their ITR as per the original due date.

  2. Non-Corporates Requiring Audit
    Businesses, professionals, and entities whose accounts are subject to mandatory tax audit under Section 44AB do not get the benefit of this extension.

  3. Partners of Firms Subject to Audit (and their Spouses under Section 5A)
    Partners of firms that are audited, along with their spouses governed under Portuguese Civil Code (Section 5A), are also excluded.

  4. Assessees Furnishing Transfer Pricing Report (Section 92E)
    Any assessee who needs to file a report for international or specified domestic transactions under Section 92E must adhere to their original filing deadlines.

💡 Why Filing Early is Still Important

While the extension gives you more time, delaying ITR filing until the last moment can cause unnecessary stress and risks. Here’s why you should file early:

  • ✅ Avoid last-minute technical glitches on the income tax portal.

  • ✅ Get faster refunds – The sooner you file, the sooner your refund is processed.

  • ✅ Avoid errors and omissions – Rushed filing often leads to mistakes.

  • ✅ Peace of mind – Filing early means you can focus on other financial planning tasks.

🚨 Consequences of Missing the Extended Deadline

If you fail to file your ITR even by 15th September 2025, you may face:

  • Late Fees under Section 234F – ₹1,000 to ₹5,000 depending on your income level.

  • Interest on unpaid tax under Sections 234A, 234B, and 234C.

  • Loss of certain benefits such as carry-forward of losses to future years.

  • Increased scrutiny from the Income Tax Department.

So, don’t take the extension for granted – use this as an opportunity to file correctly and on time.

📊 Who Benefits the Most from the Extension?

This extension is especially beneficial for:

  • Salaried employees who need time to collect Form 16, investment proofs, and other documents.

  • Small business owners and freelancers managing multiple income streams.

  • Senior citizens who may require additional assistance in tax filing.

  • Investors with capital gains needing extra time to calculate accurate tax liability.

🛠️ How Taxla Services Can Help You

At Taxla Services P. Ltd, we specialize in Income Tax Return filing, tax planning, and compliance services. Our team ensures that your filing is not only timely but also optimized for maximum savings.

Here’s how we help:

  • ✔️ Accurate computation of income and tax liability.

  • ✔️ Guidance on deductions and exemptions.

  • ✔️ Filing returns with complete compliance to avoid penalties.

  • ✔️ Professional support for queries and notices from the department.

📌 Final Takeaway

The extension of the ITR due date to 15th September 2025 is a welcome move by the government, providing much-needed relief to taxpayers. However, it should not be seen as an excuse to delay filing. Instead, take advantage of this extra time to organize your documents, review your tax-saving opportunities, and file your returns well in advance.

Remember, timely tax compliance not only saves you from penalties but also reflects financial discipline and peace of mind.

📞 Contact Us Today!

For professional assistance with ITR filing, tax planning, and compliance, reach out to us:

📞 +91 7305701454
📧 auditsiva2@gmail.com
🌐 www.taxlaservices.com

#BestAuditorInTamilnadu #ITRFilingInPurasaiwalkam #IncomeTaxReturn #TaxCompliance #FileYourITR #TaxlaServices



Comments

Post a Comment

Popular posts from this blog

UPI Transactions Are Now Under GST Radar—Stay Compliant with Taxla Services

Image
Digital payments have revolutionized the way businesses operate, with platforms like GPay, PhonePe, Paytm , and others offering convenience and efficiency. However, with this convenience comes the responsibility of tax compliance. Recently, a merchant in Tamil Nadu faced a tax notice after their UPI transactions crossed the GST threshold of ₹20 lakhs in a financial year. Why Are UPI Transactions Being Monitored? The GST Department is closely monitoring digital payment platforms to ensure businesses comply with tax regulations. Transactions conducted via UPI are no longer immune to scrutiny. If your business turnover exceeds ₹20 lakhs (or ₹10 lakhs for specific categories), GST registration is mandatory —regardless of the payment method used. What Does This Mean for You? Unregistered Businesses: If you’re operating without GST registration but your annual turnover exceeds the threshold, you could face penalties and notices. Digital Payment Records: All UPI transactions are recorded an...
Read more

New Tax Rule Alert! – Tax Officials Can Access WhatsApp & Email During Searches

Image
The Government of India has introduced a significant provision under the New Income Tax Bill 2025 , granting tax officials the authority to access digital communication platforms like WhatsApp, email, and cloud storage apps during search and seizure operations . 📜 Key Provisions of the Rule: Expanded Access Rights Tax officials can now inspect your WhatsApp chats, email inbox, cloud storage files, and installed applications on your devices during income tax searches. This move aims to enhance investigation efficiency and curb tax evasion through digital means. Parliamentary Panel Approval A Parliamentary Standing Committee reviewed the clause and raised no objections in its official report dated 21 July 2025 . The inclusion of this clause highlights the government’s focus on modernizing enforcement by including digital evidence in tax cases. Applicable During Official IT Raids Access is permitted only during authorized searches under Section 132 of the...
Read more

🧾 TDS Payment (AO Permitted) – Due Date Alert!

Image
Deadline: 7th July 2025 | Period: April–June 2025 Tax deductors and businesses—this is a timely reminder! If you're permitted to deposit TDS quarterly by your Assessing Officer (AO) under certain provisions of the Income Tax Act, the due date for the April–June 2025 quarter is fast approaching. 🔍 What is AO-Permitted Quarterly TDS Payment? Under normal circumstances, TDS must be deposited monthly. However, specific deductors can obtain permission from the Assessing Officer (AO) to deposit TDS on a quarterly basis —typically to reduce compliance burden for eligible deductors. Quarterly TDS deposit is permitted under the following sections : Section 192 – Salary payments Section 194A – Interest (other than securities) Section 194D – Insurance commission Section 194H – Commission or brokerage If you have this quarterly permission , the due date for April to June 2025 TDS payment is: 🗓 7th July 2025 🚨 What Happens If You Miss the Deadline? Failure to...
Read more