CBDT Extends ITR Filing Deadline to 15 September 2025

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  • 2 Min Read
  • By Taxmann
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  • Last Updated on 29 May, 2025

CBDT ITR due date extension 2025

Press Release, dated 27-05-2025

1. Overview

To ease the compliance burden on individual taxpayers and small businesses, the Central Board of Direct Taxes (CBDT) has extended the due date for filing Income-Tax Returns (ITRs) for Assessment Year 2025-26 from 31 July 2025 to 15 September 2025.

2. Key Updates in the AY 2025-26 ITR Forms

  1. Expanded Eligibility for ITR-1 & ITR-4 Small capital-gains earners (≤ ₹1.25 lakh from equity) can now use the simpler forms.
  2. Granular Capital-Gains Reporting Separate fields for LTCG under Sec 112(1)(c), grandfathered gains, and roll-over deductions.
  3. Schedule on Virtual Digital Assets Mandatory disclosure of cost, sales proceeds, and tax paid on crypto and CBDC transactions.
  4. Enhanced Foreign Asset Schedule Additional rows for overseas ESOPs and debt securities.
  5. Auto-captured Pre-filled Data Salary, interest, dividend, and certain capital-gain figures will download directly from AIS/TIS to minimise manual errors.

3. Practical Implications for Taxpayers

  • More Time for Data Reconciliation Use the extra weeks to match Form 16, Form 26AS, and AIS/TIS data and address discrepancies with deductors.
  • Advance Tax/Interest Planning If additional tax is payable, compute and pay before 15 September to avoid Sec 234B/C interest.
  • Early Filing Still Advisable Salaried filers who receive all TDS credits by mid-June should file early to expedite refunds.
  • Audit-Case Timelines Unchanged Taxpayers subject to audit continue to follow their existing due-date cycle (31 October 2025 for return filing).

4. Action Checklist

  1. Download the notified ITR utility (online or offline) once released.
  2. Verify TDS/TCS credits in Form 26AS and AIS/TIS after 15 June 2025.
  3. Collect proofs for deductions (Sections 80C–80U), interest certificates, and capital-gain statements.
  4. Run a pre-validation of bank account and PAN-Aadhaar linking to ensure seamless refund processing.
  5. Submit return by 15 September 2025 to avoid late-filing fees under Sec 234F (₹5,000/₹1,000).

5. Conclusion

The CBDT’s extension strikes a balance between systemic readiness and taxpayer convenience. Take advantage of the additional time to file a complete and error-free ITR, thereby speeding up refunds and minimising follow-up notices. If you anticipate challenges in compiling data, engage a qualified tax professional well before the new deadline.

Click Here To Read The Full Press Release

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Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied