Filing income tax returns (ITR) is an annual responsibility for every taxpayer in India, and for salaried individuals it is particularly important. Salaried taxpayers often have TDS (Tax Deducted at Source) already deducted from their monthly salary by their employer, but that does not mean their tax compliance is complete. Filing your ITR is still mandatory if your income crosses the basic exemption limit, and doing so on time ensures you avoid penalties, receive refunds, and maintain a clean financial record.
For the Financial Year (FY) 2024–25 (Assessment Year 2025–26), the income tax return filing deadline for salaried taxpayers is 15th September 2025. This extended deadline gives taxpayers enough time to gather documents, verify Form 16, claim deductions, and file correctly.
In this article, we will cover everything salaried taxpayers need to know about filing ITR for FY 2024–25, including tax slabs, documents required, filing process, and key deadlines.
Why Filing ITR is Important for Salaried Individuals
Even if your employer has already deducted TDS, filing your ITR provides several benefits:
- Legal Compliance – Filing ITR is mandatory if your taxable income exceeds the exemption limit.
- Claim Refunds – If excess TDS is deducted, you can claim a refund only through ITR.
- Loan and Visa Applications – Banks and embassies often require ITR as proof of income.
- Carry Forward Losses – You can carry forward capital losses only if you file on time.
- Avoid Penalties – Filing after the deadline attracts late fees under Section 234F.
Due Date for Salaried Taxpayers
- Original Due Date: 31st July 2025
- Extended Due Date: 15th September 2025 (for FY 2024–25)
Filing beyond 15th September will attract late fees of up to ₹5,000 (₹1,000 if income is below ₹5 lakh).
👉 Important: Even if you miss the deadline, you must still file a belated return, but penalties and interest may apply.