What if you fail to file ITR by due date 15 September 2025? You should be ready to pay late fee, delayed refund, and scrutiny

The Income Tax Return (ITR) filing deadline is September 15, 2025. Missing it results in a late fee. Belated ITR filing is allowed until December 31, 2025. However, failing to file can lead to legal issues. Late filing also means interest on tax dues and delayed refunds. Taxpayers cannot switch tax regimes when filing a belated ITR.

from Tax-Wealth-Economic Times https://ift.tt/JW5cKwI