📅 ITR Filing Deadlines
1. Individuals, HUFs, AOPs, BOIs (Non-Audit Cases)
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Due Date: 31st July 2025
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Applies to salaried individuals and others not requiring an audit.
2. Businesses Requiring Audit
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Due Date: 31st October 2025
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Applicable to businesses whose accounts need to be audited under the Income Tax Act.
3. Businesses Requiring Transfer Pricing Reports
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Due Date: 30th November 2025
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For entities involved in international or specified domestic transactions requiring a transfer pricing report.
4. Belated or Revised Returns
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Due Date: 31st December 2025
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If you miss the original deadline, you can file a belated or revised return by this date, subject to applicable penalties.
⚠️ Penalties for Late Filing
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Late Filing Fee: Up to ₹5,000 under Section 234F of the Income Tax Act.
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Interest: Additional interest may be levied under Sections 234A, 234B, and 234C, depending on the tax payable.
FAQ’S
✅ 1. Who needs to file an income tax return (ITR)?
Answer:
Anyone whose total income exceeds the basic exemption limit must file an ITR. The limit varies by age:
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Below 60 years: ₹2.5 lakh
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60–80 years: ₹3 lakh
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Above 80 years: ₹5 lakh
Other situations (like foreign income, owning foreign assets, etc.) may also require filing even if income is below the threshold.
✅ 2. What is the last date to file ITR?
Answer:
For individuals (not subject to audit), the last date is usually July 31 of the assessment year (e.g., for FY 2024–25, the due date is July 31, 2025). It may be extended by the government.
✅ 3. What documents are needed for ITR filing?
Answer:
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PAN and Aadhaar
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Form 16 (if salaried)
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Form 26AS
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Annual Information Statement (AIS)
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Bank account details
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Details of deductions (80C, 80D, etc.)
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Capital gains statements (if any)
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Rental income details (if applicable)
✅ 4. Can I file ITR if my income is below the taxable limit?
Answer:
Yes. In fact, it’s recommended if:
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You want to claim a refund
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You need it as proof of income (for loans, visas)
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You have carried forward losses
✅ 5. What happens if I don’t file ITR on time?
Answer:
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You may have to pay a late fee of up to ₹5,000 (₹1,000 if income is below ₹5 lakh).
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You may lose the chance to carry forward losses.
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Interest under sections 234A/B/C may apply.
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In some cases, penalties or prosecution may follow.
✅ 6. Which ITR form should I use?
Answer:
Depends on your income type:
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ITR-1 (Sahaj): Salary/pension, one house, other income (up to ₹50L)
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ITR-2: If you have capital gains or foreign income
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ITR-3: For business/profession income
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ITR-4 (Sugam): Presumptive income scheme
✅ 7. Can I revise my ITR after filing?
Answer:
Yes. You can file a revised return before December 31 of the relevant assessment year, if filed originally within the due date.
✅ 8. What are deductions under Section 80C?
Answer:
Under 80C, you can claim up to ₹1.5 lakh for investments/expenses such as:
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PPF
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ELSS mutual funds
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LIC premium
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Tuition fees
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Home loan principal
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EPF contributions
✅ 9. How is TDS shown and claimed?
Answer:
TDS details are in Form 26AS and AIS. When filing ITR, mention these under “Taxes Paid” to claim credit/refund.
✅ 10. Can I file ITR online?
Answer:
Yes. Visit the Income Tax e-Filing Portal to e-file. You can use pre-filled data and verify through Aadhaar OTP, net banking, or DSC.
✅ 11. What is e-verification and is it mandatory?
Answer:
Yes, it’s mandatory. It completes your return filing. Methods include:
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Aadhaar OTP
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Net banking
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Bank ATM
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Sending signed ITR-V to CPC, Bengaluru
✅ 12. What is the difference between old and new tax regime?
Answer:
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Old Regime: Allows deductions (like 80C, HRA, etc.)
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New Regime: Lower tax rates but no deductions
Taxpayers can choose annually (for salaried individuals).
✅ 13. How do I check my refund status?
Answer:
Visit https://tin.tin.nsdl.com/oltas/refundstatuslogin.html or the e-Filing portal dashboard.
✅ 15. What is Form 26AS?
Answer:
It is a tax passbook that shows:
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TDS deducted
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Advance/self-assessment tax paid
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Refunds received
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High-value transactions