Income Tax Return 2025: What Happens If You Miss the December 31 Deadline? ⏳💸

G GOWTHAM
The Income Tax Department (ITD) has set the last date for filing revised or belated ITRs for the relevant assessment year as December 31, 2025. Here’s what taxpayers need to know to avoid penalties and delays.

1. Who Can File a Revised or Belated ITR?

  • Taxpayers who submitted their original ITR but made errors
  • Those who missed reporting certain income or deductions
  • Allowed under Section 139(5) of the Income Tax Act
2. Deadline to Remember

  • December 31, 2025 is the final date for filing revised or belated returns
  • Filing after this date may lead to penalties, interest, or loss of refunds
3. How to File a Revised ITR

Log in to the Income Tax e-Filing portal: https://www.incometax.gov.in

Select “Revised Return” under the filing section

Enter corrected details for income, deductions, or tax payments

Submit and save the acknowledgement (ITR-V)

4. Consequences of Missing the Deadline

  • Late filing fees under Section 234F
  • Interest on unpaid tax under Section 234A
  • Potential delay or denial of refunds
  • Ineligibility to claim certain deductions or losses
5. Tips to Avoid Last-Minute Hassles

  • Double-check all entries before submission
  • Keep PAN, Aadhaar, bank account, and Form 16 handy
  • File online early to avoid server issues or technical glitches
✅ Final Takeaway

Missing the December 31, 2025 deadline can lead to financial penalties and delayed refunds. Taxpayers should file revised or belated returns promptly to stay compliant and avoid unnecessary issues.

 

Disclaimer:

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.

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