Everything You Need to Know About Filing Your ITR in 2025
- pradeep38
- May 28
- 4 min read
Updated: May 29
If you are working in India, completing your Income Tax Return (ITR) is not only a matter of compliance—completing it is your path to fiscal compliance, integrity, and even possible refunds. Since the 2025 tax year is already looming large on the calendar, it's in your best interest to know how to complete your return properly.
Here, we guide you through everything you need to know about filing income tax return in 2025—starting with who has to file, how to file, most crucial deadlines, and how to effortlessly efile ITR without any hassles.
What is ITR and Why Is It Important?
ITR or Income Tax Return is a return, submitted by an assesses with the Income Tax Department, reflecting his income, deductions, and tax payable for a financial year. Online filing of income tax return is not waiting in queues—you benefit in many ways:
You can get Refund of advance tax or excess payment
Can be used as proof of income to file visas or to take loans
Save penalty and notice from government
Who Needs to File ITR in 2025?
Whether you are a small business owner, freelancer, salaried employee, or an NRI, you may receive an ITR filing.
Your annual income surpasses the exemption threshold (₹2.5L for those under 60).
You are claiming refund of tax.
You are having TDS being deducted on salary, FD interest, or sale of property.
You've earned money from rent property, cryptocurrency, mutual funds, or stock.
You've earned high-value transactions (₹2L+ foreign travel, ₹1 crore+ deposit).
You are a Non-Resident Indian NRI Taxpayer.
You earn foreign income or assets, or earn world income (as a resident).
Even though you are not obligated to file positively, it's always better to efilings your ITR so you remain financially available and in good standing for future credit or visas.
Important Dates for ITR Filing in 2025
Here are the important dates you should mark on your calendar:
Category | Due Date |
Individuals (No Audit) | 31st July 2025 |
Businesses (Audit Cases) | 31st October 2025 |
Transfer Pricing Cases | 30th November 2025 |
Belated/Revised Returns | 31st December 2025 |
Delaying your itr return file online can result in late filing penalties (₹1,000–₹5,000) and interest on unpaid taxes.
Documents Needed for ITR Filing
Before you begin your income tax filing, keep these documents ready:
PAN & Aadhaar card (linked)
Bank account details (for refund)
Form 16 (for salaried individuals)
Form 26AS (tax credit statement)
Investment proofs (LIC, ELSS, PPF, etc.)
Capital gains reports (from brokers or mutual funds)
Rent receipts (for HRA claims)
Business/professional receipts, if self-employed
The process of How to File ITR Online in 2025
Ease has been increased with digitization to efile ITR in 2025. Here's how:
Step-by-Step Guide:
First visit the Income Tax e-filing portal - which can be accessed via incometax.gov.in..
Login or Register- Login or register with PAN as user ID.
Next, you have to select ‘File Income Tax Return’ then choose the relevant assessment year (AY 2025-26)..
Select Filing Mode- Select "Online" for straightforward filing or "Offline" (XML upload) for complex cases.
Select the Right ITR Form- Auto-select the proper one (i.e., ITR-1 for salary, ITR-3 for business/professional).
Check Pre-filled Information- Salaries, interest income, and TDS will be auto-populated.
Enter Missing Information & Claim Deductions- Enter any extra income and include Section 80 deductions (80C, 80D, etc.).
Calculate Tax & Pay Balance (if any)
Submit & E-Verify- Finish the process through Aadhaar OTP, net banking, or EVC.
Your income tax return is filed as and when you get the acknowledgment message.
Old vs. New Tax Regime: What Should You Choose?
India offers two tax regimes in 2025:
Income Slab | Old Regime | New Regime (FY 2024–25) |
Up to ₹2.5L | Nil | Nil (up to ₹4L) |
₹2.5L–₹5L | 5% | 5% |
₹5L–₹10L | 20% | 10–20% |
₹10L+ | 30% | 25–30% |
Old Regime: Better if you have many deductions (HRA, 80C, 80D, etc.)
New Regime: Recognition of operating branches is easier, with lower tax rates but offers limited deductions.
Use a tax calculator to choose the best option when you efile your income tax return.
Missed the Deadline? Options You Still Have
Delayed Return (under Section 139(4)): File on 31st Dec 2025 with late fee.
Amended Return (Section 139(5)): Rectify errors in first filing.
Delayed Return (ITR-U): Omit income in 2 years with additional tax burden.
Common FAQs About ITR Filing in 2025
Q. Would you require filing your ITR yourself?
Yes! Sites like IndiaFilings provide step-by-step instructions to file itr return online.
Q. How much to file ITR?
Filing fees for income tax return differ with different providers from ₹500 if you do it yourself to ₹2,000+ in case you take professional help.
Q. Do we require e-verification?
Yes. Affirmative. Note: You must complete e-verification in 30 days, otherwise your return will be considered invalid and denied.
Final Thoughts
Filing your ITR need not be a headache. Provided you have the tools, papers, and guides handy with you, your e-filing of income tax in 2025 can be problem-free, fast, and convenient. Either you file it yourself or you hire someone to do it for you, the idea is to prepare beforehand and get it done correctly.
Are you ready to file your ITR? File your itr today online rather than at the last minute!
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