ITR filing deadline: How much penalty amount you need to pay if you miss September 15 due date?

The ITR filing deadline is September 15, 2025. This is for individuals not requiring audits. Missing it means late fees. Section 234F details penalties up to Rs 5,000. Lower income taxpayers may pay Rs 1,000. Penal interest also applies. Certain high-value transactions mandate ITR filing. Filing ITR is a duty. It validates creditworthiness for financial benefits.

from Tax-Wealth-Economic Times https://ift.tt/6asM4R9