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CBDT Extends ITR Filing Deadline to September 15, 2025: What Taxpayers Need to Know

May 28, 2025

In a significant move aimed at easing the tax filing process, the Central Board of Direct Taxes (CBDT) has extended the deadline for filing Income Tax Returns (ITRs) for the financial year 2024-25 (assessment year 2025-26). The original deadline of July 31, 2025, has now been pushed to September 15, 2025, providing taxpayers with an additional 46 days to comply with their tax obligations.

Reasons Behind the Extension

The CBDT’s decision stems from multiple factors that have impacted the timely filing of returns:

  1. Delayed Notification of ITR Forms: The ITR forms for the assessment year 2025-26 were notified later than usual. ITR-1 and ITR-4 were released on April 30, 2025, with other forms following in early May. This delay compressed the window available for taxpayers to prepare and file their returns.  
  1. Pending Release of Filing Utilities: While the forms have been notified, the corresponding utilities required for online filing are still pending release. Without these utilities, taxpayers cannot file their returns electronically, which is the preferred mode for most.  
  1. TDS Credit Reflections: Tax Deducted at Source (TDS) statements are due by May 31, 2025. The credits from these statements typically begin reflecting in early June, limiting the effective window for return filing. The extension ensures that taxpayers have adequate time to reconcile their TDS credits before filing.  

Who Benefits from the Extension?

The extension primarily benefits individuals and entities not required to undergo a tax audit. This includes salaried employees, freelancers, and small business owners.  By providing additional time, the CBDT aims to facilitate a smoother and more accurate filing experience for these taxpayers.  

 

Implications for Taxpayers

While the extension offers relief, taxpayers should remain vigilant:

Avoid Early Filing: Taxpayers are advised to wait until after June 15, 2025, to file their returns. This allows time for TDS credits to reflect and reduces the risk of filing inaccurate returns.  

Review Pre-Filled Forms: With the introduction of pre-filled ITR forms, it’s crucial to verify all details before submission to avoid discrepancies. 

Understand Penal Provisions: Failure to file returns by the extended deadline of September 15, 2025, may attract penalties under Section 234B for delayed payments.  

Final Thoughts

The CBDT’s extension is a proactive step that acknowledges the systemic lags affecting income tax compliance. While it brings relief, taxpayers should use this extra time wisely, preparing, verifying, and filing their ITRs in a timely and accurate manner.

For professional assistance in understanding your tax obligations, managing deductions, or filing your ITR, consult the experts at GJM & Co – Chartered Accountants. Their deep industry experience and client-centric approach ensure compliance, accuracy, and peace of mind.