Yoshizaki Brar (Streamer)
List of Contributed Questions (Sorted by Newest to Oldest)
List of Contributed Answer(s) (Sorted by Newest to Oldest)
Answer # 1 #
Yes, there are penalties. If you miss September 16, then technically your return becomes a belated return, and you will not only face late fees but also may lose certain benefits like carrying forward losses. So better to avoid waiting till the very last date.
Answered for the Question: "Will there be any late fees or penalties if I file my ITR after September 16, 2025?"