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Compliance8 min readUpdated July 1, 2024

ITR Filing Deadline 2024-25: Due Dates, Penalties & Late Filing

Complete guide to income tax return filing deadlines with penalty calculation

by CA Ashama Rajawat· Chartered Accountant· July 1, 2024· 8 min read
TL;DR — ITR deadlines FY 2024-25

ITR deadline for salaried individuals and non-audit cases is July 31, 2025. Businesses requiring audit must file by October 31, 2025. Late filing penalty: ₹5,000 (₹1,000 if income below ₹5 lakh). Choose ITR-1 for simple salary income, ITR-2 for capital gains, ITR-3/4 for business income.

deadlines

ITR filing deadlines FY 2024-25

Individuals · non-audit
Jul 31, 2025
Business · audit required
Oct 31, 2025

Applies to salaried individuals and businesses without audit requirement.

For companies and businesses requiring tax audit.

penalty

Penalty for late filing

Section 234F penalties
  • Filed after due date: ₹5,000 penalty for general taxpayers.
  • Income below ₹5 lakh: ₹1,000 reduced penalty for small taxpayers.
  • Additional penalty: Filing after December 31 attracts interest charges under Section 234A.
Key takeaway

Don't wait until the last date to file ITR. Early filing means faster refund processing, more time to correct errors, and avoidance of portal congestion. Use our Income Tax Calculator to estimate your tax liability before filing.

which form

Which ITR form to file?

ITR-1 Sahaj

Salary, one house property, income up to ₹50 lakh.

ITR-2 Standard form

Capital gains, multiple properties, foreign income.

ITR-3 Business / professional

Business or professional income. See our ITR-3 vs ITR-4 Guide.

ITR-4 Sugam

Presumptive taxation (Section 44AD, 44ADA).

documents

Documents required

how to file

How to file ITR online

Online filing process

  1. 01 ·

    Visit Income Tax Portal

    Go to www.incometax.gov.in and login with credentials

  2. 02 ·

    Select Assessment Year

    Choose Assessment Year 2025-26

  3. 03 ·

    Choose ITR Form

    Select appropriate ITR form based on income type

  4. 04 ·

    Fill Details

    Enter income, deductions, and tax details accurately

  5. 05 ·

    Validate and Submit

    Verify all details and submit the return

  6. 06 ·

    E-verify Return

    Complete verification using Aadhaar OTP, net banking, or DSC

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