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What happens if you miss ITR deadline? Late fees, delayed refund and more. Details

If someone fails to file ITR before the deadline, the consequences can include late filing fees, losses not getting carried forward, delayed refund and more.

Published on: Sep 16, 2025, 09:11:09 IST
By HT News Desk
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The Income Tax Department on Monday extended the deadline to file income tax returns for the financial year 2025-26. The earlier deadline of 15 September was pushed by one day, making 16 September the last date to file your returns. Those who failed to file ITR on Monday can still do so without paying an extra fine on Tuesday.

In case a person misses filing ITR within the due date, they can still file it; however, a late fee of up to ₹5000 will be applied for filing later. (Pixaby/Representational Image)
In case a person misses filing ITR within the due date, they can still file it; however, a late fee of up to ₹5000 will be applied for filing later. (Pixaby/Representational Image)

If someone fails to file ITR before the deadline, the consequences can include late filing fees, losses not getting carried forward, deductions and exemptions not being available.

Also read: ITR filing due date extended: What is the new deadline? Why was it pushed back?

What happens if you miss the ITR deadline?

Extra fees

In case a person misses filing ITR within the due date, they can still file it; however, a late fee of up to ₹5000 will be applied for filing later. Further, an individual will also be required to pay interest on the tax liability (if any). The late fee amount can also be reduced from 5000 to ₹1000 if the total income of a person does not exceed 5 lakh. The ITR will be filed as a belated or revised return.

One of the consequences of filing ITR after the deadlines is the loss of carry-forward benefits for losses. If a business has incurred losses, the person won't be able to carry them forward to offset gains in the coming years.

Delayed refund

If someone is due for a refund, filing ITR after the deadline might further slow the refund processing and might take months to get credited.

Prosecution in rare cases

In rare cases involving serious illegal activities, the Income Tax Department can launch prosecution. It is rare and is only done in cases involving fraudulent activities.

What is the deadline to file ITR?

The deadline to file ITR has September 16 extended from the earlier date of September 15. This move was taken as filings were disrupted on Monday due to technical glitches.

 
ABOUT THE AUTHOR
HT News Desk

Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.

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