Missed the Dec 31 ITR Deadline? Here’s How to Check Your Refund

Have you missed the revised Income Tax Return (ITR) filing deadline? If so, then this can be stressful, particularly for taxpayers demanding a refund.

Now, since the deadline for the revised and belated ITR window has passed, as it was due on December 31 of the assessment year, refunds will be stricter.

Revised ITR Deadline Missed? Here’s What Happens to Your Refund

Missing the revised ITR deadline is not bothersome to all. It is because those who have already filed their original ITR or belated ITR in the prescribed timelines with a refund due, and have skipped the revised return deadline, will not result in the cancellation of one’s refund.

The Income Tax Department will still initiate the return and proceed with the refund after authentication. It is a big concern for taxpayers who have not filed any return before the revised ITR window closure.

Now, the only remaining option is filing an Updated Return (ITR-U). Note that, under current rules, processing refunds through it is not possible.

It is applicable only for declaring additional income, fixing errors, and paying more tax. Taxpayers who have missed the deadline won’t be able to claim a refund, even after the deduction of overpaid taxes.

How Much Time Does a Refund Take After The Closure of the Revised ITR Window?

There is no change in refund timelines for returns even after the closure of the revised ITR window, as their processing is already complete.

The Centralised Processing Centre verifies and cross-checks the data before processing refunds. This usually takes a few weeks or a few months.

Delays occur due to errors in TDS details, problems in the bank verification, and scrutiny checks.

The tax department takes nine months to process returns. After that, they pay people the interest on late refunds.

Does the Penalty Apply for Missing the Revised ITR Deadline?

There is no penalty applied for missing the revised ITR deadline. Taxpayers who miss the original and belated return filing deadlines face a penalty and pay the late fees.

Missing the revised deadline means you cannot make any necessary changes, add missed income, or claim additional deductions.

This indicates that no alterations are possible in the original return, which may affect your total tax due and refund.

Is It Possible To File a Revised Return After the Deadline?

Yes, it is possible to file a revised return after the deadline in two crucial cases. First, during the assessment year and before the assessment is completed.

Most of the time, you can file ITR within the assessment year or before it. When the deadline of December 31 passes, further revisions are not possible, unless the tax department permits.

It works on the obvious errors. There are no claims for a new refund. Even though the Updated Return option is available, it is still not possible to claim refunds.

In the other case, if you have already filed but skipped the revised deadline,  it will not affect your refund.

Missing all filing windows will leave you with limited options. Hence, stay alert as the revised deadline is the final chance to make necessary amendments and protect your refunds.

FAQs

Q: What was the last date of the ITR window?

A: The last date of the ITR window was on December 31, 2025.

Q: What happens if you miss the revised deadline?

A: Missing the revised deadline means you cannot make any necessary changes, add missed income, or claim additional deductions.

Q: How much it take to get a refund after the Revised ITR window closed?

A: The Centralised Processing Centre verifies and cross-checks the data before processing refunds. This usually takes a few weeks or a few months.

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