News Image
Zee Business

ITR Filing: These 3 options are still open if you have missed income tax return filing deadline; check inside

Published on 19/09/2025 02:27 PM

The extended last date for Income Tax Return (ITR) filing was September 16. Taxpayers who haven't filed their returns before the due date must be looking for ways to file their ITR now. If you have also missed the deadline, then this article is for you. In this article, we will talk about three possible ways to still file your ITR. Take a look:

The first option is that you can still file your belated return under section 139(1). This option comes with some penalty and interest you may have to pay, depending on your annual income. A taxpayer will have to pay a late fee of Rs 5,000 if their income is more than Rs 5 lakh and a Rs 1,000 fee if it is up to Rs 5 lakh.

If the tax is not paid, you will have to pay interest on that. 

Add Zee Business as a Preferred Source

How is interest under Section 234A calculated?

Balance tax payable × 1% × number of months delayed

Also Read: ITR Filing: Filed your tax return but haven't received refund? Here's how you can check status

A revised return is also possible if a taxpayer has already filed their return and later finds some mistakes or errors. It can be done before December 31, 2025.

You can also file an updated return called ITR-U. This is for taxpayers who missed both the belated and revised deadlines or later discovered undeclared income. The time window for this option has been increased to 48 months in the Finance Act 2025.

In this, you will have to pay an extra amount on top of your tax, and it depends on how late you are. The late charges can be from 25 per cent to 70 per cent.

Also Read: Filing ITR? Residents of this Indian state can earn crores without paying income tax

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.