KEY HIGHLIGHTS
ITR Last Date: What's The Penalty For A Missed Deadline?
If one fails to file the ITR by the due date, then they could face a penalty under Section 234F of the Income Tax Act, 1961. A delay could attract a late fee of Rs 5,000.
However, if the total income is below Rs 5 lakh, the penalty is limited to Rs 1,000. It’s advisable to file your ITR within the due date and avoid the penalties.
ITR Filing 2025: I Haven't Filed My Returns Yet. What Can I Do?
On the last day, more than seven crore IT returns have been filed, as per the IT Department. If you have missed this deadline, you are still eligible to file your returns, albeit with the risk of attracting a penalty of Rs 5,000. However, if your total income is below Rs 5 lakh, the penalty will be limited to Rs 1,000.
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ITR Filing 2025: Difficulty Accessing Income Tax e-Filing Portal; Here Is What You Can Do
Sometimes, access difficulties with the Income Tax e-Filing Portal may arise due to local system/browser settings. According to the Income Tax Department these simple steps often help resolve such issues:
Delete temporary files → Press Win + R → type temp and %temp% → delete all files.
Clear browser cache & cookies → Go to Browser Settings → Clear browsing data (cache + cookies).
Use a different/supported browser → Latest version of Chrome or Edge.
Open in Incognito/Private Mode → Shortcut: Ctrl+Shift+N OR Ctrl+Shift+P (Firefox)
Disable browser extensions → Especially ad-blockers or privacy tools.
Update your browser → Ensure you are on the latest version.
Try a different network → Switch to another Wi-Fi or mobile hotspot.
Following these checks usually resolves most local access-related difficulties.
ITR Filing 2025: Five Key Reasons Behind Delay In Refund
Have you filed your income tax return (ITR) and e-verified immediately, but now awaiting refund from the tax authorities? Many taxpayers receive their money in 2-4 weeks, while others receive it in a matter of days. The delay in refunds, even after filing the ITR with due diligence, could be a result of these factors:
Processing Backlog
Mismatch In Income Data
Bank Account Errors
Outstanding Dues or Arrears
Extra Scrutiny
ITR Filing 2025: More Than 7 Crore Income Tax Returns Filed So Far
The Income Tax Department on Monday said more than 7 crore I-T returns have been filed so far as the filing deadline closes in, amid netizens complaining of glitches on the portal and demanding an extension.
The e-filing portal faced huge traffic as the deadline for filing returns ends on Monday.
ITR Filing 2025: Income Tax Portal Not Working On Due Date?
The Income Tax Department clarified on Monday that the deadline for filing income tax returns or ITRs is September 15, 2025. Taxpayers now have less than 24 hours to file their ITRs and complaints of the portal being down are flooding in.
Even before the deadline, taxpayers had taken to X glitches in the portal along with the delays. With only hours left to file returns, users have flagged issues that have been persisting since the first week of September.
ITR Filing 2025: Rent Deductions
According to Section 80GG of the Income Tax Act, individuals who don't get HRA, but are still paying rent can claim deductions. They cab claim a deduction up to Rs 5,000 per month of 25% of the total income or actual rent, less 10% of income, whichever is lower. However, for this you must file Form 10BA. This is important for non-salaried individuals paying rent.
ITR Filing 2025: Health Insurance Premiums
Under Section 80D, premiums paid for health insurance policies also qualify for tax benefits. Taxpayers can claim deductions on premium payments up to Rs 25,000 for self and family, and an additional amount of Rs 25,000 for parents (Rs 50,000 if they are senior citizens).
Beyond tax savings, this also ensures financial protection against medical emergencies. Investments made with tax planning in mind help you save more and secure your financial future. Instead of rushing at the last minute before filing your ITR, create an investment plan early in the financial year. By balancing safety, growth and tax efficiency, you can reduce your burden and steadily build wealth.
ITR Filing 2025: Tax Saving Investments
Even if you missed the chance in FY 2024-25, it is not too late to plan for the current financial year. The deadline to file the income tax return (ITR) for Assessment Year 2025-26 for taxpayers who don’t need their accounts to be audited has been extended to Sept. 15 from July 31 earlier.
Here are some investment options that can help maximise the tax benefits under various sections of the Income Tax Act, 1961. It is important to note that the tax benefits can only be claimed under the old tax regime, instead of the new tax regime.
ITR Filing Last Day: Quick Last-Minute Guide
The full process from downloading the Excel to declaration and validation and verification is a ten-step process. One needs to start by gathering all the relevant documents. One needs to then check their Form 26AS and AIS.
The correct ITR form needs to be selected, and then the taxpayer needs to reconcile their bank and investment accounts. Additionally, they need to also report exempted income before verifying tax deductions and claim them. One can then, file and e-verify their returns.
Income Tax Portal: ITR Forms For Senior Citizens
Choosing the right income tax returns (ITR) form is important for all taxpayers. As the ITR filing for FY 2024-25 is in progress, taxpayers need to choose the ITR form depending on their income. Selecting the wrong ITR form may render your filing invalid.
With multiple ITR forms notified by the Income Tax Department, it could be confusing for many, especially for senior citizens, to choose the right form. It’s important to choose the right ITR form to avoid delays, notices, or rejections.
ITR Filing 2025: CA Shares Tip To Save Lakhs In Taxes
“High-income professionals are not drawing salaries anymore. Instead, they are becoming consultants….It’s not just for freedom or flexibility…but to save lakhs, sometimes crores, in taxes,” the post read.
In the post titled “Salaried middle class is using this trick to save lakhs in taxes”, she explained that earning Rs 60 lakh annually as a salaried employee under the new tax regime means losing over Rs 18 lakh to taxes. With limited exemptions like HRA or LTA, the tax burden is heavy.
ITR Filing 2025: No Refund After E-Filing?
Income tax refunds could be stuck or delayed due to several reasons. Generally, it takes around four to five weeks for tax refunds, if any, to be credited to the account of the taxpayer after the ITR filing. For FY25, the ITR filing deadline for taxpayers who don’t need a tax audit has been extended to today.
However, even after filing your ITR within the deadline, it does not ensure quick refunds. Many taxpayers receive their money in 2 to 4 weeks, while others receive it in a matter of days. The delay in refunds, even after filing the ITR with due diligence, could be a result of several factors.
ITR Last Date: Five Deductions Under The New Tax Regime
For FY 2024-25, resident individuals with taxable income up to Rs 7 lakh are eligible for a rebate of up to Rs 25,000 under the new tax regime under Section 87 A.
A standard deduction of Rs 75,000 is also available to salaried individuals under the new tax regime.
Taxpayers who opt for the new tax regime can choose Section 80CCD(2) to claim deduction for employer contributions to the Central Government Pension Scheme. There is a deduction limit of up to 14% of the employee’s salary.
Section 24(b) allows deduction on interest paid on housing loans. In the case of let-out properties, there is no maximum limit on the amount of interest that can be claimed as a deduction.
Contributions made toward Agnipath Scheme can also be claimed.
ITR Last Date: Interest On Tax Due And Prosecution Risk
If you owe taxes and fail to file the return, interest will be levied on the unpaid tax amount under Section 234A of the I-T Act. A simple interest of 1% per month (or part of a month) will be charged on the unpaid tax, calculated from the return filing due date until the actual filing date.
If you deliberately fail to file your ITR despite receiving notices from the Income Tax Department, the assessing officer can initiate prosecution proceedings. This may lead to imprisonment ranging from three months to two years, along with a fine. If the unpaid tax amount is substantial, the jail term can extend up to seven years.
ITR Last Date: Multiple Income Sources
The income from multiple sources, such as investments, capital gains, rental properties and multiple employers, should be declared properly in the ITR filing to avoid notices and penalties.
For taxpayers with multiple sources of income, it’s advisable to declare all income sources and amounts clearly in the ITR form. It’s also necessary to submit relevant documents where needed.
IT Return Filing: What If Today's Deadline Is Missed
Earlier, the Central Board of Direct Taxes (CBDT) had extended the original July 31 deadline to Sept. 15 due to changes in ITR forms and Excel utilities. But with just hours left, many are still facing challenges in completing their income tax filing.
If a taxpayer misses the ITR deadline and fails to report the income within the stipulated time, they are likely to face penalties. The Income Tax Department allows taxpayers to file belated returns, but it may come with additional fines.
ITR Last Date: Using AI Tax Advisors To File Returns
Many people prefer to use free chatbots such as ChatGPT to seek investment advice and simplify their ITR and other financial processes.
These AI-powered tax advisors can help in understanding deductions, investment declarations and help guide you through the ITR process quickly.
This said, its best not to rely on AI today given the high traffic on the tax portal may delay the process or cause glitches.
ITR Deadline Today: What Is Advance Tax
Simply put, anyone who has an income, where tax is not deducted at the source, is liable to pay advance tax.
It has to be paid if the tax on the income earned exceeds Rs 10,000, after deducting the tax that was already paid at source. Advance tax is the amount of income tax that should be paid in four quarterly instalments for any external income that is not taxed at the source.
It’s a 'pay-as-you-earn' system that breaks up the tax flow evenly throughout the year, into four quarterly payments.
ITR Last Date: Multiple Income Sources
The income from multiple sources, such as investments, capital gains, rental properties and multiple employers, should be declared properly in the ITR filing to avoid notices and penalties.
For taxpayers with multiple sources of income, it’s advisable to declare all income sources and amounts clearly in the ITR form. It’s also necessary to submit relevant documents where needed.
ITR Last Date: What's The Penalty For A Missed Deadline?
If one fails to file the ITR by the due date, then they could face a penalty under Section 234F of the Income Tax Act, 1961. A delay could attract a late fee of Rs 5,000.
However, if the total income is below Rs 5 lakh, the penalty is limited to Rs 1,000. It’s advisable to file your ITR within the due date and avoid the penalties.
Income Tax Filing Last Date: Who All Need To File ITR?
Filing an ITR is an important responsibility for taxpayers in India. The Income Tax Act requires certain individuals and businesses to file returns based on their income and financial activities. It also helps with tax refunds, maintaining financial records, and getting loans or visas.
The government has increased the Section 87A rebate limit from Rs 7 lakh to Rs 12 lakh, effectively making annual incomes up to Rs 12.75 lakh tax-free for salaried individuals. The revision includes a Rs 75,000 standard deduction.
ITR Filing 2025: Step-By-Step Guide To Filing Returns
The full process from downloading the Excel to declaration and validation and verification is a ten-step process. One needs to start by gathering all the relevant documents. One needs to then check thier Form 26AS and AIS.
The correct ITR form needs to selected, and then the taxpayer needs to reconcile their bank and investment accounts. Additionally, they need to also report exempt income before verifing tax deductions and claim them. One can then, file and e-verify their returns.
ITR Filing 2025: Mistakes To Avoid While Filing Returns
While e-filing has made the process simpler, there are times taxpayers end up making mistakes that could lead to penalties, scrutiny, or delayed refunds. In some cases, you may even receive a notice from the Income Tax Department for any errors in your ITR submission.
Here are five mistakes you cannot afford to make while filing your ITR.
ITR Deadline 2025: Deadline Today, No Extension
The Income Tax Department clarified on Monday that deadline for filing income tax returns or ITRs is September 15, 2025. With this, the taxpayers now have less than 24 hours to file their ITRs.
The clarification came on the back of fake news that the due date was extended further. Read the full story here.
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