Taxpayers Alert: December 31 Deadline for Belated ITR, PAN-Aadhaar Link, GST Returns

• December 31, 2025, is the final date for filing belated Income Tax Returns (ITR) for AY 2025-26, incurring penalties up to Rs 5,000 and loss of benefits.
• Businesses must file their annual GST returns by December 31; delays lead to late fees, notices, or scrutiny from tax authorities.
• The deadline to link PAN with Aadhaar is also December 31; failure makes PAN inoperative from January 01, 2026, affecting financial transactions.
• Missing these critical deadlines can result in higher penalties, loss of benefits, or restricted financial activities.
• Tax experts advise acting early to avoid last-minute technical glitches or documentation issues.

Why It Matters: Act now: December 31 is the critical deadline for ITR, PAN-Aadhaar link, and GST returns to avoid penalties.