ITR Filing 2025: Extended Deadline Coverage, But Not For Advance Tax

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Posted by AI on 2025-06-25 17:03:51 | Last Updated by AI on 2026-06-27 10:15:10

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Taxpayers breathing a sigh of relief at the income tax department's extension of the ITR filing deadline for AY 2025-26 to September 15, 2025, but taxpayers shouldn't get too comfortable as this extension does not apply to advance tax payments, which remain unchanged.

The September 15 deadline is a generous 16-day extension, as taxpayers awaited relief following the government's earlier failure to announce an extension deadline. It is a welcome development for taxpayers who were anxious about the original July 31 deadline, particularly those who needed more time to gather their financial information and file their returns accurately. This extension will offer more flexibility and give taxpayers additional time to meet their tax obligations without incurring penalties.

Despite this extension, it's important to remember that advance tax payments are still applicable. Taxpayers should not overlook advance tax payments as they are essential in distributing the tax burden evenly throughout the year. These payments are to be made in instalments, and the government often provides incentives to those who pre-pay their taxes.

Therefore, to avoid interest and penalties, taxpayers must continue to focus on complying with the advance tax payment schedule. While the extension provides relief regarding filing taxes, it is only partial relief as the advance tax deadline remains unchanged. As a result, taxpayers should take advantage of the extended filing deadline while ensuring they comply with the advance tax payment schedule.

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