ITR can still be filed after September 15, 2025 with payment of late fee and losing some benefits

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Individuals have until September 15, 2025, to file their income tax returns. Filing after this date incurs penalties and limitations, including late fees and potential loss of certain deductions. Choosing the old tax regime requires filing by the original deadline. No HRA tax deduction, EPF 80C deduction, LTA claims deduction if ITR is not filed on or before September 15, 2025.