Income Tax Return Filing Last Date: Yesterday, the government extended the date of filing income tax return for a day i.e. till 16 September. That is, today taxpayers have only a few hours left to file ITR. The Central Board of Direct Taxes (CBDT) extended the last date for filing the Income Tax Return (ITR) for FY 2024-25 Assessment Year 2025-26. Now taxpayers can file an ITR return file by 12 noon on Tuesday, September 16, September 16.
The Income Tax Department has so far received more than 7 crore returns, out of which verification of more than 6.03 crore and processing of about 4 crores has been completed. This date has been mainly extended for non-audit cases, including salary class people, Hindu undivided families and small traders or professionals.
If the return is not filed by the scheduled time, then a fine of up to Rs 5,000 will be imposed. This fine may have to be paid a maximum of Rs 1,000 for those with income up to Rs 5 lakh. Also, there may be a problem of delay in interest and refund on tax arrears.
What are ITR forms?
Many people still confuse what form they should fill. Understand in simple words:
ITR-1 (Sahaj): Whose income is up to Rs 50 lakh.
ITR-2: Those people who do not have business income and do not cover ITR-1.
ITR-3: For Business or Professional Income.
ITR-4: Small business, HUFS and firms (except LLPS) whose income is up to 50 lakhs.
ITR-V: Acknowledgement only to file ITR.
Way to file ITR
CBDT has given several options to file ITR.
Offline filing on paper
Online filing with digital signature
Online submission with e-verification code
Online filing + ITR-V sending
ITR is an e-filing portal. Inometax.gov.in
Essential documents
No document has to be attached while filing ITR. But you should have these details.
Bank account information.
Form 16 (for salary people)
Capital Gain Statements.
Investment proofs
Rent receipt and home loan details.
If the deadline is missed?
Even if you are unable to file ITR today, you can still file a billet return by 31 December 2025. But a penalty will have to be given for this.
1,000 rupees: If your income is less than Rs 5 lakh.
5,000 rupees: If the income is more than Rs 5 lakh and filed after the deadline.
ITR Filing deadline: Why did the government not increase deadline till September 30, these 4 major reasons are responsible