ITR Filing 2025 : Last Date, Due Date, Process, Penalty and Latest Income Tax Return Updates ITR Filing 2025 Last Date, Due Date, Process, Late Filing Penalty: Taxpayers must report any foreign assets or income , such as foreign bank accounts or property, on their annual income tax forms, as failure to do so may result in severe penalties and legal implications. 2. In view of circular no.14/ 2025 dated 25th September, 2025 , due date of filing of audit report has been extended from 30th September, 2025 to 31st October, 2025 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (1) of section 139 of the Act, 1961. 3. The due date for filing of Income Tax Returns (ITRs) for AY 2025 -26, originally due on 31st July 2025 , was extended to 15th September 2025 . Wednesday, January 15, 2025 Filing of belated/revised return of income for the assessment year 2024-25 for resident individuals (provided assessment has not been completed before December 31, 2024)
