### 🚨 Missed the Extended ITR Due Date? Here’s What You Can Do Now! 🚨

Published September 17, 2025

The *extended due date for filing Income Tax Returns (AY 2025-26)* was *16th September 2025*. If you missed it, don’t panic — you still have options, but act fast!

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#### ✅ *Options Available Now*

* *Belated Return (Sec 139(4))* You can file a belated return *up to 31st December 2025* (unless government further extends). * *Updated Return (Sec 139(8A))* Even after belated return time expires, you may file an updated return *within 24 months from end of relevant AY* with additional tax. * *File Voluntarily Before Notice* Filing voluntarily reduces penalty risks and interest burden compared to waiting for a notice.

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#### ⚠ *Consequences of Not Filing ITR*

*Late Fees & Interest* – Penalty under Section 234F (₹1,000 or ₹5,000 depending on income) + interest u/s 234A/B/C.
*Loss of Carry Forward Benefits* – You can’t carry forward business losses, capital losses, or depreciation.
*Refunds Blocked* – Any excess TDS/TCS stays stuck until return filed.
*Increased Scrutiny* – High-value transactions flagged by the department could invite notices.
*Legal Prosecution* – In extreme cases, non-filing can lead to prosecution under the IT Act.

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💡 *Pro Tip:* File your belated return as early as possible to minimise penalties and interest. If you’re unsure, consult your Chartered Accountant immediately.Follow us: Instagram:- https://www.instagram.com/vvityabazar?igsh=MTdybm4zc3hlaDVjZA%3D