ITR Deadline Extended 2025: The Indian government has extended the deadline for filing Income Tax Returns (ITR) for the financial year 2024-2025 to September 15, 2025. Let’s know about the ITR filing 2025 deadline extension in detail.
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ITR Deadline Extended 2025
The government of India has extended the deadline for filing income tax returns (ITR) for the financial years 2024-2025 to September 15, 2025. Good news for refund seekers, here are some points.
- Big interest on refunds: if you are due a refund, with this extension, you will get a little more money back in the form of interest.
- Interest structure: The Tax department gives you 0.5% interest per month, which is around 6% per year on your refund amount if it is more than 10% of your total tax paid.
- 33% refund interest: Generally, interest starts from July 31st, the old deadline. The new deadline is September 15 2025. If your refunds are processed in October, you will get interest of about 1.5-2% extra per month. This interest works out to be roughly 33% more than what you could have received with the old deadline.
Why ITR Deadline Extended 2025?
If you need more time to gather your documents or prefer to file a leter now, you have until September 15th. It has also given the income tax department more time to get their system ready, and hopefully, the refund process will be faster.
Should You Wait For September?
The actual interest will get very small, especially compared to the total refund amount. Early ITR Filing often means your refund gets processed faster and sent to you. Once you file ITR early, it gives you peace of mind, and you don’t need to worry about it. If you realise you made a mistake after feeling you have time to correct it easily before the September 15th deadline without any penalty charges.
Taxpayers ITR Filing Is Now Available For The Tax Year 2025
— CA Chirag Chauhan (@CAChirag) May 30, 2025
Don’t wait till September, (extended deadline) file in June! Know why in just one minute video
Share with a Taxpayer pic.twitter.com/8IorqdH1G3
FAQ on ITR Deadline Extended 2025
Q: What if I realise I made a mistake after filing my ITR early?
A: If you file early and later realise you made a mistake, you have ample time to revise your return easily before the September 15th deadline without incurring any penalty charges.
Q: What is the new deadline for filing Income Tax Returns (ITR) for the financial year 2024-2025?
A: The new deadline for filing ITR for the financial year 2024-2025 (Assessment Year 2025-2026) has been extended to September 15, 2025.
Q: What is the interest rate on income tax refunds?
A: The tax department pays simple interest at a rate of 0.5% per month (equivalent to 6% annually) on the refund amount.
Jay Chavda He is the Founder and Writer of businesspulsecare.com. He is an I.T Engineer, Freelancer, Businessman. He posts Business, Stock/Share Market, Finance Related News and updates on the website. 🔗