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Jun 23, 2025
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ITR filing due date extended but deadline to pay final tax without penalty is July 31 or Sept 15 now for FY 2024-25?
The income tax department has extended the due date to file an income tax return for FY 2024-25 (AY 2025-26) from July 31, 2025, to September 15, 2025. The last date to file the ITR has been extended beyond July 31 for taxpayers whose accounts are not required to be audited, such as salaried taxpayers, NRIs, and pensioners.
Typically, July 31 is also the due date for taxpayers to deposit their self-assessment tax. It is the amount of tax that a taxpayer is liable to pay after deducting the TDS, TCS and advance tax payments. If a belated ITR is filed (i.e., the income tax return is filed after the due date) and the self-assessment tax is also paid after the due date, then the taxpayer has to pay penal interest under Section 234A on the self-assessment tax due.
The deadline to file ITR has been extended, but does this mean taxpayers can deposit their self-assessment tax without penalty till September 15, 2025, i.e., has the due date for payment of self-assessment tax for FY 2024-2025 (AY 2025-26) also been extended?
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