Income Tax Return AY 2025-26: New Deadline, Required Documents And Penalty Details:

Income Tax Return AY 2025-26: New Deadline, Required Documents And Penalty Details The last date of filing an income tax return (ITR) is September 15, 2025, for salaried individuals, professionals, and other taxpayers whose accounts are not needed to be audited. Previous date (Original due date) was July 31, 2025. The notified ITRs for AY 2025-26 have gone through structural and content revisions aimed at simplifying compliance, increasing transparency, and enabling correct reporting. The Ministry of Finance has announced, The Central Board of Direct Taxes (CBDT) under Section 119 of the Income tax Act, 1961, extends the due date of filing of Return of Income under section 139 (1) of the Act for the Assessment Year 2025-26. This year taxpayers got an extra time of 45 days to file their ITR. The due date for FY is September 15, 2025 but if by chance any taxpayer still misses the deadline, they can file a belated return until December 31, 2025, with late filing fees and interest.

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Document Required for Filing ITR 2025

Taxpayers need to get a few key documents ready before filing them, such as:

• Permanent Account Number (PAN)
• Aadhaar cards
• Form 16
• Bank statements
• Form 26AS and
• The Annual Information Statement

In addition to these, taxpayers will also require investment proofs for deductions as well as supporting documents such as Rent receipts for HRA claims or interest certificates in case of housing or education loans. Maintaining these documents helps not only with the accurate declaration of income and deduction but also ensures timely filing before the deadline and prevents errors and penalties.

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Consequences of Missing ITR Due Date

If taxpayer missed filing ITR before the deadline, then he/she may have to pay penalties and may face consequences. Followings are Penalties/Consequences:

• Interest at a rate of 1% per month
• Rs. 5,000 (if your total income exceeds Rs. 5 lakh)
• Rs. 1,000 (if your total income is within Rs. 5 lakh)