Overview
- The Central Board of Direct Taxes moved the ITR deadline for non-audit taxpayers from July 31 to September 15, 2025, adding 46 days to the filing window.
- The extension addresses extensive structural and content revisions in the notified ITR forms, which delayed the development and testing of e-filing utilities.
- Credits from TDS statements, submitted by May 31, are set to begin reflecting in early June, necessitating extra time for taxpayers to incorporate accurate tax credit data.
- Revised ITR forms introduce detailed capital gains schedules and allow reporting of long-term gains up to ₹1.25 lakh in ITR-1 and ITR-4, along with section-wise TDS disclosure requirements.
- Taxpayers are advised to deposit any self-assessment tax by July 31 to avoid interest under Section 234A despite the extended filing deadline.