What happens if I miss the ITR deadline?

Short answerYou can still file a belated return up to 31 December of the assessment year, but with a late fee under Section 234F — ₹5,000 (₹1,000 if your total income is up to ₹5 lakh) — plus interest on any tax due. You also lose the right to carry forward most losses.

What it costs

A Section 234F late fee, interest under Section 234A on unpaid tax, and the loss of carry-forward for most losses (except house-property loss).

After 31 December

If you miss even the belated window, you may still file an updated return (ITR-U) within the allowed period, with additional tax. Confirm the current ITR-U window.

Talk to CA Vijay R Singh

Missed the deadline and not sure what to do? You can message him directly, or book a short call to talk through your situation.

This answer is general information for NRIs, not tax advice. Tax rates, thresholds and forms change with each Finance Act — please confirm the current position for your own facts, or speak to us, before acting.

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