TheQuickUpdate

📰 Income Tax Return Deadline Extended, But This Key Tax Payment Deadline Stays – Here’s Why It Matters

New Delhi, May 27, 2025 – The government has extended the last date to file Income Tax Returns (ITR) for the financial year 2024–25. The new ITR filing deadline is now 15 September 2025, instead of the earlier 31 July 2025. However, there’s one critical deadline that remains unchanged: the deadline for paying any tax due is still 31 July 2025.

This important distinction could cost taxpayers if ignored.

📅 Filing Deadline Extended, But Tax Payment Still Due by 31 July

Although the Income Tax Department has granted more time for filing returns, it has not extended the deadline to pay taxes. Taxpayers must clear their dues by 31 July 2025 to avoid penalties and interest under Section 234A of the Income Tax Act.

Let’s break this down:

You’ll still have to pay interest for the delay from 1 August, even though the return was filed before the new deadline.

Why Didn’t the Government Extend the Tax Payment Date?

The Central Board of Direct Taxes (CBDT) gave four major reasons for only extending the return filing date:

Also Read: Choose the Correct ITR Form – Click Here

🔄 1. Major Changes in ITR Forms

🖥️ 2. Technical Updates Needed on the e-Filing Portal

📑 3. TDS Return Deadlines and Data Sync Issues

👨‍💼 4. Support for Taxpayers and CAs


⚠️ Why You Should Still File Early


Key Takeaways

Exit mobile version