✅ Key Deadlines for FY 2024–25 / AY 2025–26

Original due date (Non-audit cases): September 16, 2025

Last date to file belated ITR: December 31, 2025

⚠️ Consequences of Filing ITR After the Deadline

Late Filing Fee (Section 234F):

Income ≤ ₹5 lakh → ₹1,000

Income > ₹5 lakh → ₹5,000

Interest Charges (Sections 234A, 234B, 234C):

234A → Interest on tax unpaid as of the due date.

234B → If advance tax paid <90% of total tax liability.

234C → If advance tax not paid in correct installments.

Loss of Carry Forward Rights:

Business loss, capital loss, and other losses (except house property loss and unabsorbed depreciation) cannot be carried forward if return is filed after due date.

Delayed Refunds:

Any expected tax refunds may take longer.

Increased Scrutiny:

Late filing may lead to greater likelihood of notices or assessment from the Income Tax Department.

🎯 What You Should Do Now

If you’re required to file ITR and missed the due date:

File a belated return immediately, before December 31, 2025.

If you’re unsure whether you were required to file, consider:

Gross total income before deductions > ₹2.5 lakh (or ₹3L/₹5L for senior citizens)?

Have foreign income/assets?

TDS/TCS deducted but no ITR filed?

High-value transactions (investments, credit cards, etc.)?

📝 Additional Tip:

You can revise a belated ITR (if errors found) only till December 31, 2025, so be careful while filing.