Taxpayers in India got a surprise breather this week. The deadline for filing Income Tax Returns (ITR) for the assessment year 2025-26 was supposed to close on 15 September. But late in the evening, the government decided to give everyone one more day. That makes today, 16 September, the absolute last chance for filing returns without penalty.
Why the Date Was Extended
The move came after thousands of people complained of problems with the online portal. In the final stretch before the deadline, the income tax site slowed down as lakhs tried to log in at once. For many, it meant repeated errors and incomplete filings.
Acknowledging these troubles, the Income Tax Department extended the cut-off by 24 hours. It is not a big extension, but it gives taxpayers a final window to wrap up pending returns.
What Happens After Today
Once the clock strikes midnight tonight, the option to file a normal return closes. Those who miss it can still file a belated return until 31 December 2025. But this comes with a cost. A late fee under Section 234F of the Income Tax Act will apply, and in some cases, interest too if there are unpaid dues.
There is another drawback. Filing late means you cannot carry forward certain losses to future years. That makes today’s deadline important, especially for business owners, professionals and investors.
Filing Rush in the Final Days
Every year, the last week before the deadline sees a rush of activity. This time was no different. Reports suggest that more than eight crore returns had already been filed by 15 September. Even so, the portal witnessed heavy traffic and technical hiccups in the final hours.
The Central Board of Direct Taxes (CBDT) says the system has handled record numbers. Yet, for many taxpayers, the one-day extension has come as a relief. It is a narrow window, but enough to reduce the anxiety of those who were stuck in the filing process.
A Word of Advice
If you have not filed your return yet, do not wait until tonight. The portal usually slows down even further in the last few hours. Starting early improves your chances of a smooth filing. For salaried taxpayers whose taxes are already deducted at source, the penalties for missing today may be smaller. But for those with additional tax liabilities, the late costs can add up quickly.
Today is not just another day, it is the last chance to file without penalty. The short extension is a reminder that deadlines in the tax system are rarely flexible. Filing on time not only saves money but also brings peace of mind.
So, if your ITR is still pending, the message is clear: finish it before the day ends.
