ITR Filing Deadline Today: Know the Consequences

The deadline for filing Income Tax Returns (ITR) is today, 15 September, and the Income Tax Department has confirmed that there will be no extensions. This decision comes despite numerous complaints from taxpayers on social media regarding issues with the income tax portal, which was reportedly down for a brief period on Sunday.

If you haven’t filed your ITR yet, missing the deadline today could lead to serious financial repercussions. Under Section 234F of the Income Tax Act, a penalty will be imposed on those who fail to submit their returns on time. For individuals earning more than ₹5 lakh, the penalty can be as high as ₹5,000, while those with lower incomes may face a ₹1,000 penalty.

Additionally, if you owe taxes and fail to file your ITR by the deadline, you will incur interest charges under Section 234A of the Income Tax Act. This means you will have to pay a simple interest of 1 per cent per month on the unpaid tax amount, calculated from the due date until the actual filing date.

However, there is still a chance to file belated or revised returns until December 31, 2025. Moreover, updated returns (ITR-U) can be submitted until March 31, 2030. This provides some leeway for those who may have missed the initial deadline.

The Income Tax Department has also issued a clarification regarding the due date, stating that any claims circulating on social media about an extension to 30 September are false. They emphasized that the deadline remains 15 September 2025, urging taxpayers not to fall for misinformation.

In conclusion, it is crucial for taxpayers to file their ITRs on time to avoid penalties and additional interest charges. With the deadline fast approaching, ensure you complete your filing process promptly to maintain financial health and compliance with tax regulations.