ITR Filing Last Date FY 2024-2025: Key Deadlines to Remember

As of the first half of 2025, more than 4.68 lakh taxpayers in India paid taxes on their income, which amounts to more than ₹1 crore. This underscores that taxpayers who take their tax obligations seriously file their income tax return (ITR) on time. 

To accomplish this task consistently, it is crucial to be aware of the latest requirements, deadlines and as a taxpayer, you must also pay taxes for your income if it is still due to avoid penalties. 

In this guide, you will learn about the ITR filing last date for the current financial year, which will help you navigate the tax filing procedure seamlessly. 

Quick Synopsis: ITR Filing Last Date

• The last date for paying taxes for non-adult individuals is extended to 15th September 2025.
• File a belated return before 31st December 2025.
• File ITR-U with increased restrictions after 31st December 2025.

When Is the ITR Final Date?

For non-audit taxpayers, the last income tax return date for FY 2024-2025 is 15th September 2025. However, individuals who may miss this deadline may file a belated ITR before 31st December 2025. 

Income Tax Return Due Dates (2024-25) for Various Categories of Taxpayers

Here’s a brief breakdown showcasing the last day to file ITR for various types of taxpayers:

What If You Miss the ITR Filing Last Date for Current Assessment Year?

If you apply for the income tax return after the due date, you will have to face the following consequences:

1. Interest: According to Section 234A, if a taxpayer misses their ITR filing deadline, they will have to pay an interest of 1% for each month or part month. This interest is levied by the Income Tax Department on the unpaid tax amount. 
2. Late Charges: For late ITR filing, Section 234F stipulates a late fine of ₹5,000. This amount can be cut down to ₹1,000 if the overall income does not exceed ₹5 lakh for a particular financial year.
3. Loss Adjustment: In the event of losses from sources such as stocks, mutual funds, properties or businesses, you can carry those losses forward and deduct them from your income in the following year. It is a helpful provision that significantly lowers your taxable income in the upcoming years. Nonetheless, to avail this benefit, you must not miss the ITR filing deadline. 

What Happens if You Do Not File Income Tax Returns?

In the case your ITR filing last date is completely missed, you must choose between the following two options:

1. Late Filing of Returns

Take note of the provisions by the Income Tax Department of India to make up for the missed payment of tax filing: 

• A belated return applies to those who have missed the ITR file deadline and now want to make up for it. 
• Nevertheless, this provision features the payment of late fees and additional interest charges. 
• Also, you will not be permitted to deduct any losses and adjust them over the subsequent years. 
• The ITR filing last date for late payments is December 31, 2025, unless the ITR due date is extended via an official Government notification. For non-audit taxpayers, the date is extended to September 15, 2025.

2. Updated Return

At times, a taxpayer can miss even the 31st December deadline because of unavoidable circumstances. For those situations, one can access the updated income tax return provision (ITR U). However, for that, they must note the restrictions specified therein, such as:

• You cannot reduce tax liability in any manner.
• You cannot revise any carry-forward losses.
• ITR-U does not let you increase or claim tax refunds.
• Adjust any deductions that you missed earlier in a financial year.

Vital Due Dates for Paying Advance Tax Instalments for Financial Year 2025-2026

As per the Income Tax norms in India, any taxpayer with a tax liability of ₹10,000 or more is liable to pay an advance tax. However, senior citizens with no business income are exempt from it. Note that a 1% monthly and simple interest rate applies if you miss the instalment deadlines. Having said that, to pay tax instalments in advance, the following table can be helpful:

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TDS Return Dates for FY 2024-25

The Tax Deducted at Source (TDS) is the tax component that gets deducted from the income generated from specified sources. These include TDS on fixed deposit interest, salary, rental income, earned commissions, professional fees and so on. 

The deadlines for paying the collected TDS for authorised deductors and the important TDS return filing dates have been shared in the following table:

Note: While government deductors must generally deposit TDS deducted via book entry on the same day, March deductions have an extended deadline of April 7th.

TCS Return Dates for FY 2024-25

Tax Collected at Source (TCS) applies to the sale of specific goods where the seller collects tax from the buyer at the point of sale. Aside from noting the ITR filing last date below, you can see the deadlines for depositing TCS and filing TCS returns for the financial year:

Consequence of Non-Payment or Late Payment of TDS/ TCS

As a taxpayer, if you miss the late or due dates of TDS or TCS payments, late fees and penalties apply as per Section 234E and 271H, respectively:

Final Word

From a tax compliance perspective, every taxpayer needs to know the ITR filing last date. It fosters effective tax planning and helps avoid potential legal challenges. 

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