ITR filing due date today! What happens if you deadline and file belated income tax return? Penalties, late fees explained
The CBDT has extended the ITR filing deadline for individual taxpayers to September 16, 2025. Filing after this date incurs penalties, potentially up to Rs 5,000, and affects carry-forward benefits. Taxpayers opting for the old regime must file by the deadline to claim deductions like HRA and LTA, otherwise new regime is the default option.
The CBDT has extended the ITR filing deadline for individual taxpayers to September 16, 2025. Filing after this date incurs penalties, potentially up to Rs 5,000, and affects carry-forward benefits. Taxpayers opting for the old regime must file by the deadline to claim deductions like HRA and LTA, otherwise new regime is the default option.
