Overview
- The CBDT has pushed the ITR due date for assessment year 2025-26 from July 31 to September 15, 2025 for taxpayers not subject to audit.
- Offline and online utilities for ITR-1 and ITR-4 are available but tools for ITR-2 and ITR-3 are still under development, delaying returns for those with business income or capital gains.
- Non-audit taxpayers—including salaried employees, pensioners, freelancers and NRIs—can file their returns on the Income Tax Portal using the correct form once the utilities are released.
- Self-assessment tax paid and returns filed by September 15, 2025 will escape interest under Section 234A, while interest under Sections 234B and 234C continues to apply to any advance tax shortfalls.
- The Income Tax Department will scrutinize returns in five specified case types for this assessment year, signaling tighter oversight under the revised filing regime.