Multibagger stock ideas: ITR Last Date Extended to 15 Sept 2025-Return & Penalty Guide

ITR Last Date Extended: Now 15 September 2025 — Complete Guide (AY 2025-26)

Updated on 27 August 2025 • Author: Piyush Sharma

Quick Summary:

• New ITR deadline for AY 2025-26 (non-audit taxpayers): 15 Sept 2025
• Belated ITR last date: 31 Dec 2025
• Late Fee u/s 234F: Rs.5,000 (income > Rs.5 lakh) or Rs.1,000 (income ≤ ₹5 lakh)
• e-Verification mandatory within 30 days of filing

Table of Contents

1. Who gets this extension?
2. Documents checklist
3. Step-by-step filing (5 minutes)
4. Late Fee & Interest examples
5. How to e-Verify in 30 days
6. Belated vs Updated Return
7. FAQs

1) Who gets this extension?

This extension is applicable only to non-audit taxpayers such as salaried employees, pensioners, and those with simple interest income. Taxpayers whose accounts require an audit do not get this extension.

2) Documents Required for ITR Filing

• Form 16 (Salary certificate)
• AIS & Form 26AS (TDS/TCS & reported transactions)
• Bank/Post Office interest certificates, FD/RD details
• Capital gains statements (shares, mutual funds, property)
• Investment proofs (80C, 80D, home loan interest, etc.)
• PAN, Aadhaar, active mobile & email
• Verified bank account (for refund)

3) Step-by-Step ITR Filing (Beginner’s 5-Minute Guide)

1. Login/Register on the Income Tax e-filing portal.
2. Select File Now → Individual, FY 2024-25 / AY 2025-26.
3. Choose the correct ITR form (commonly ITR-1 for salaried individuals).
4. Cross-check pre-filled data (salary, TDS, AIS). Edit if required.
5. Enter deductions (80C, 80D, HRA, home loan interest, etc.).
6. Review tax summary (tax payable/refund). Make payment via Netbanking/UPI if needed.
7. Submit and complete e-Verification within 30 days.

4) Late Fee & Interest Examples

Example A

Income: ₹8,00,000 • File Date: 25 Aug 2025

Late Fee u/s 234F: Rs.5,000 (income > ₹5 lakh)

Example B

Income: Rs.4,50,000 • File Date: 15 Dec 2025

Late Fee u/s 234F: Rs.1,000 (income ≤ ₹5 lakh)

Note: Interest under Section 234A (1% per month) applies if taxes remain unpaid after the deadline.

5) How to e-Verify within 30 Days?

• e-Verify using Aadhaar OTP
• Through Net Banking or Bank/Demat EVC
• Send signed ITR-V to CPC, Bengaluru (by Speed Post)

Failure to e-verify within 30 days may render your ITR invalid.

6) Belated vs Updated Return

• Belated Return: Can be filed until 31 Dec 2025. Late fee/interest applies.
• Updated Return (U/S 139(8A)): Can be filed within 48 months from the end of relevant AY with conditions and additional tax.

7) FAQs

Is the 15 Sept 2025 deadline only for non-audit taxpayers?

Yes, this extension is only for non-audit taxpayers. Audit cases follow separate deadlines.

What is the last date to file a belated ITR?

31 December 2025.

How much late fee under Section 234F?

₹5,000 (income > ₹5 lakh), Rs.1,000 (income ≤ Rs.5 lakh). Nil if below taxable limit.

How long do I have to e-Verify?

30 days from filing date.

Disclaimer: This article is for general information only. Please consult a tax advisor for your specific case.

Piyush Sharma

Qualifications: MBA (India), MBA (Australia), Master of Professional Accounting (Australia).

18+ years in the Indian stock market and running this website for 15+ years. Founder of PS International Group and Hamarijeet.com — popular for study-visa guidance, career help, government schemes, jobs and digital product updates.

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