Good news for taxpayers across India — ITR filing has started for AY 2025-26. With the Income Tax Department officially opening the portal for returns, individuals, professionals, and business owners can now begin filing their Income Tax Returns for the Assessment Year 2025-26. If you’re someone who likes to stay ahead in financial matters, this is the perfect time to gather your documents and get started.
In this blog, we will explore everything you need to know about ITR filing for AY 2025-26, including key dates, important changes, and helpful tips to make the process easier.
What is ITR and Why is It Important?
ITR (Income Tax Return) is a form that taxpayers in India are required to submit to the Income Tax Department every financial year. It contains information about a person’s income, deductions, exemptions, and taxes paid. Filing ITR on time ensures that you are compliant with tax laws and can also help you in various financial situations like applying for loans or visas.
Since ITR filing has started for AY 2025-26, it’s crucial to file your return accurately and well before the due date.
Key Dates for AY 2025-26
📅 ITR Filing Dates for AY 2025-26
- Start date of filing: May 1, 2025
- Due date for salaried individuals: July 31, 2025
- Due date for audit cases: October 31, 2025
- Revised return deadline: December 31, 2025
- Updated return (ITR-U) deadline: March 31, 2028
Who Should File ITR for AY 2025-26?
Now that ITR filing has started for AY 2025-26, it’s important to understand who is required to file:
Individuals with income above the basic exemption limit
Salaried employees earning from multiple sources
Freelancers and self-employed professionals
Business owners
Those with capital gains (from stocks, property, etc.)
NRIs with taxable income in India
Even if your income is below the taxable limit, filing ITR can be beneficial. It acts as proof of income and helps claim TDS refunds.
New Changes in ITR Forms for AY 2025-26
As ITR filing has started for AY 2025-26, the government has introduced a few changes in ITR forms. Some of the key highlights include:
Pre-filled ITR forms: The portal now offers better pre-filled data from AIS/TIS (Annual/Taxpayer Information Statement), including income from interest, dividend, salary, and shares.
Crypto income disclosure: Taxpayers must now disclose crypto transactions under the “Income from Other Sources” or “Capital Gains” section.
Enhanced reporting: There is a detailed section for foreign income and assets, especially for NRIs.
Updated ITR-4 eligibility: More clarity has been provided for presumptive income reporting under Section 44ADA and 44AD.
Keeping these changes in mind while filing ensures your return is accurate and free from errors.
Documents Required for ITR Filing AY 2025-26
📋 ITR Filing Checklist for AY 2025-26
Penalties for Late Filing
Conclusion :
To sum up, ITR filing has started for AY 2025-26, and now is the right time to act. Whether you are a salaried employee, freelancer, or business owner, filing your return on time can save you money, penalties, and future complications. Keep your documents ready, understand the changes, and either file it yourself or consult a tax professional.
Remember, ITR filing has started for AY 2025-26, and the earlier you file, the better it is. Don’t wait till the last day. Avoid the rush, avoid errors, and stay compliant.
