ITR filing last date FY 2024-25 extended: Will penal interest be charged if final tax paid after July 31? Here’s what experts say
The ITR filing deadline for FY 2024-25 has been extended to September 15, 2025, potentially waiving penal interest under Section 234A if self-assessment tax is paid by the extended date. However, this extension does not affect penal interest applicability under Sections 234B and 234C for advance tax deficiencies, which remain in effect.
The ITR filing deadline for FY 2024-25 has been extended to September 15, 2025, potentially waiving penal interest under Section 234A if self-assessment tax is paid by the extended date. However, this extension does not affect penal interest applicability under Sections 234B and 234C for advance tax deficiencies, which remain in effect.
